959 Wheeler 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
Rental property for sale in Scranton at 959 Wheeler Ave, Scranton, PA, 18510 priced at $199,900 converts $1,802/mo rent into $493/mo cash flow after a $978/mo obligation. Total monthly income equals $1,802/mo, and annual cash flow totals $5,910/yr on $66,267 invested. Return on cash invested prints 28.83% in year one, and rental yield reads 10.82% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 151.17% and total cumulative return in cash sums $100,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,802/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
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Listed by: Kyle Savage • Christian Saunders Real Estate
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251437
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.