816 Meade StDunmorePA18512
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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 Dunmore at 816 Meade St, Dunmore, PA, 18512 priced at $255,400 converts $1,365/mo rent into after a $1,250/mo obligation. Total monthly income equals $1,365/mo. Return on cash invested prints 15.54% in year one, and rental yield reads 6.41% against a $255,400 entry. Equity gained on principal adds $1,648/yr, while 5% annual appreciation compiles into $70,562 by year five. Five-year ROI reaches 79.88% and total cumulative return in cash sums $67,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,365/mo property income covering a $1,250/mo payment, not borrower’s personal income.
Single Family
Built in 1954
8,712 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: Teresa Ripley • Ripley Realty
Mls Name: GSBR
Mls ID: #SC253598