98 College AveFactoryvillePA18419
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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 Factoryville at 98 College Ave, Factoryville, PA, 18419 offers a 6.86% rental yield on a $297,500 purchase with $1,700/mo rent. 87% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,194 over five years. Portfolio math shows five-year ROI at 87.06% and total cumulative return in cash at $85,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,700/mo property income against a $1,456/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18419, Factoryville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,218 (100%) |
| Owner Occupied HU | 1,445 (65.1%) |
| Renter Occupied HU | 323 (14.6%) |
| Vacant Housing Units | 450 (20.3%) |
| Median Home Value | $253,309 |
| Average Home Value | $301,696 |
Housing Distribution
Address Breakdown
Residential
1,816
Single Family
1,777
Multi-Family
39
Businesses
82
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Listed by: Matthew Batyko • Iron Valley Real Estate Greater Scranton
Mls Name: GSBR
Mls ID: #SC255239