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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 1265 Snyder Ave, Scranton, PA, 18504 with 5% annual appreciation on a $99,750 basis while $1,398/mo rent supports operations. Total monthly income totals $1,398/mo and a $488/mo payment preserves $745/mo for cash returns. Annual cash flow comes to $8,935/yr on $33,067 deployed, and return on cash invested reaches 46.93% in year one. Equity gained on principal adds $644/yr, and five-year appreciation sums $27,559 alongside rental yield of 16.82%. Five-year ROI measures 248.29% and total cumulative return in cash totals $82,101.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,398/mo property income versus a $488/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-23 | Price change | $99,750 |
| 2024-10-02 | Listed for sale | $130,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-13 | $1312.20 | 1.74% | $6,000 | N/A |
| 2023-11-13 | $1289.70 | N/A | $6,000 | N/A |
| 2022-11-13 | $1289.70 | N/A | $6,000 | N/A |
Nearby investment properties with comparable rents
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Nearby investment properties with comparable prices
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1920
- Architectural Style: Traditional
- Building Area: 650
- Living Area: 650 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Steam
- Cooling: None
- Flooring: Carpet, Vinyl, Tile
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Driveway
Location
- City: Scranton
- Subdivision: None
- Lot Size: 5,662 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Deanna M Mazzotta • Keller Williams RE Hawley
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243167
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.