934 W Market StScrantonPA18508
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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 934 W Market St, Scranton, PA, 18508 offers a 11.11% rental yield on a $235,000 purchase with $2,176/mo rent. Total monthly income registers $2,176/mo, and a $1,150/mo payment leaves $636/mo available for distribution. Annual cash flow reaches $7,635/yr on $77,903 to close, and return on cash invested stands at 29.71% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 155.92% and total cumulative return in cash at $121,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18508, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,451 (100%) |
| Owner Occupied HU | 2,511 (46.1%) |
| Renter Occupied HU | 2,224 (40.8%) |
| Vacant Housing Units | 716 (13.1%) |
| Median Home Value | $153,247 |
| Average Home Value | $203,842 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,518
Multi-Family
551
Businesses
545
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Listed by: Lizbeth Vaquero • Iron Valley Real Estate Greater Scranton
Mls Name: GSBR
Mls ID: #SC253456