705 Landis 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 Landis St, Scranton, PA, 18504 priced at $274,995 converts $2,272/mo rent into $470/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,272/mo, and annual cash flow totals $5,640/yr on $91,161 invested. Return on cash invested prints 26.1% in year one, and rental yield reads 9.91% against a $274,995 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,976 by year five. Five-year ROI reaches 136.49% and total cumulative return in cash sums $124,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,272/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
0.51 Acres 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: Julissa Contreras • LUXE Homes Real Estate LLC
Mls Name: GSBR
Mls ID: #SC253459