819 Luzerne 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
Investment property for sale in Scranton at 819 Luzerne St, Scranton, PA, 18504 with 5% annual appreciation on a $149,900 basis while $1,158/mo rent supports operations. Total monthly income totals $1,158/mo and a $734/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,105/yr on $49,692 deployed, and return on cash invested reaches 24.14% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.27%. Five-year ROI measures 126.1% and total cumulative return in cash totals $62,663.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,158/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
3,484 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: Kyle Savage • Christian Saunders Real Estate
Mls Name: GSBR
Mls ID: #SC252914