905 Ridge 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
Investment property for sale in Scranton at 905 Ridge Ave, Scranton, PA, 18510 listed at $114,999 pairs $870/mo rent with a $563/mo payment to leave $65/mo cash flow. Total monthly income runs $870/mo, and annual cash flow reaches $780/yr on $38,122 cash to close. Return on cash invested measures 21.96% in year one, and rental yield registers 9.08% at a $114,999 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 115.01% and total cumulative return in cash totals $43,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $870/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
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Listed by: Jason John Giomboni • EXP Realty LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6430
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.