97 Davis StScrantonPA18505
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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 97 Davis St, Scranton, PA, 18505 priced at $215,000 pairs $1,252/mo rent with after a $1,052/mo payment. Total monthly income equals $1,252/mo. Return on cash invested is 17.27% in year one, and rental yield stands at 6.99% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 89.22% and total cumulative return in cash reaches $63,589. For financing, Ziffy Mortgage’s DSCR program evaluates $1,252/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18505, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 4,642 (46.4%) |
| Renter Occupied HU | 4,096 (41.0%) |
| Vacant Housing Units | 1,263 (12.6%) |
| Median Home Value | $148,107 |
| Average Home Value | $197,048 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
8,120
Multi-Family
704
Businesses
807
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Listed by: Adam Devine • Dorrance Realty, LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252121
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.