729 N Irving AveScrantonPA18510
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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 729 N Irving Ave, Scranton, PA, 18510 priced at $259,000 pairs $2,434/mo rent with $598/mo cash flow after a $1,268/mo payment. Total monthly income equals $2,434/mo, and annual cash flow comes to $7,175/yr on $85,859 invested. Return on cash invested is 28.27% in year one, and rental yield stands at 11.28% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 148.83% and total cumulative return in cash reaches $127,780. For financing, Ziffy Mortgage’s DSCR program evaluates $2,434/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Mary Jo Kelly • Coldwell Banker Town & Country Properties
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253799
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.