709 Meade StThroopPA18512
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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 Throop at 709 Meade St, Throop, PA, 18512 priced at $280,000 pairs $1,613/mo rent with after a $1,370/mo payment. Total monthly income equals $1,613/mo. Return on cash invested is 17.05% in year one, and rental yield stands at 6.91% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 87.97% and total cumulative return in cash reaches $81,657. For financing, Ziffy Mortgage’s DSCR program evaluates $1,613/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1904
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18512, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,479 (57.9%) |
| Renter Occupied HU | 1,902 (31.7%) |
| Vacant Housing Units | 624 (10.4%) |
| Median Home Value | $240,596 |
| Average Home Value | $276,842 |
Housing Distribution
Address Breakdown
Residential
5,607
Single Family
5,552
Multi-Family
55
Businesses
611
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Listed by: Margaret Hennemuth • CLASSIC PROPERTIES
Mls Name: GSBR
Mls ID: #SC260048