Clover Street & West Of Rr StScrantonPA18508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clover Street & West Of Rr St, Scranton, PA, 18508 priced at $220,000 converts $1,440/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 19.88% in year one, and rental yield reads 7.85% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 103.22% and total cumulative return in cash sums $75,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in N/A
47.16 Acres 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: Conor Rodgers • City & Suburban Real Estate
Mls Name: PMAR
Mls ID: #PM-136908