924 Katherine Dr #L37JessupPA18434
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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 Jessup at 924 Katherine Dr #L37, Jessup, PA, 18434 generates $3,074/mo in rent and, after a $2,056/mo payment, leaves $322/mo in cash flow. Total monthly income is $3,074/mo, and annual cash flow is $3,858/yr on $139,230 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 8.78% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 118.19% and total cumulative return in cash sums $164,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,074/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18434, Jessup, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,976 (100%) |
| Owner Occupied HU | 1,282 (64.9%) |
| Renter Occupied HU | 538 (27.2%) |
| Vacant Housing Units | 156 ( 7.9%) |
| Median Home Value | $188,441 |
| Average Home Value | $211,168 |
Housing Distribution
Address Breakdown
Residential
1,911
Single Family
1,793
Multi-Family
118
Businesses
139
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Listed by: John Michael Crotti • RE/MAX Home Team
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6399
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.