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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
Rental property for sale in Scranton at 13 Forest Glen Dr, Scranton, PA, 18504 generates $2,728/mo in rent and, after a $1,786/mo payment, leaves $183/mo in cash flow. Total monthly income is $2,728/mo, and annual cash flow is $2,196/yr on $120,964 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 8.97% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 113.64% and total cumulative return in cash sums $137,460. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.31 Acres 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 |
|---|---|---|
| 2025-07-11 | Price change | $364,900 |
| 2025-06-25 | Listed for sale | $395,000 |
| 1997-04-30 | Sold | $28,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-13 | $7283.93 | N/A | $24,000 | N/A |
| 2023-07-13 | $7283.93 | 128.13% | $24,000 | N/A |
| 2022-07-13 | $3192.86 | N/A | $24,000 | N/A |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1997
- Architectural Style: Ranch
- Building Area: 1,716
- Living Area: 1,716 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Gas
- Flooring: Carpet, Tile, Hardwood
- Interior Features: Eat-in Kitchen, Walk-In Closet(s), Entrance Foyer, Kitchen Island
- Exterior Features: Private Yard
- Parking Features: Additional Parking, Garage Faces Front, Inside Entrance, Attached
Location
- City: Scranton
- Subdivision: N/A
- Lot Size: 0.31 Acres
- Lot Features: Interior Lot, Sloped Down, Landscaped
- 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: Cable Available, Water Connected, Natural Gas Connected, Sewer Connected, Electricity Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
What's Special
Pull Down Stairs
Listed by: Ann E Cappellini • REALTY NETWORK GROUP
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253403
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.