705 Hampton StScrantonPA18504
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Scranton at 705 Hampton St, Scranton, PA, 18504 priced at $184,900 converts $1,208/mo rent into after a $905/mo obligation. Total monthly income equals $1,208/mo. Return on cash invested prints 19.84% in year one, and rental yield reads 7.84% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 102.97% and total cumulative return in cash sums $63,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,208/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1970
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Listed by: Alex V. Camaerei • VRA Realty
Mls Name: GLVR
Mls ID: #768476