Scranton, PA — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.0%

Below average

Monthly Cash Flow

-$212

After all expenses

Price-to-Rent

12.2

Investor-friendly

DSCR

0.79

Fails

📊 Key Metrics

Median Home Price
$188,385
Average Rent (3BR)
$1,310/mo
Price-to-Rent Ratio
12.2(good)
1% Rule
0.68%(fails — need 1%+)
Cash-on-Cash Return
-5.9%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.2%(-0.1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-0.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.43%

of assessed value (PA avg)

Median Income

$67,587

household (PA avg)

Rent-to-Income

23.3%

Affordable

Section 8 Max Rent

$1,310/mo

3BR voucher payment

🏛️ PA Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

1.43% effective

Population Trend

-0.5% (3yr)

🏘️ Best Zip Codes in Scranton for Investors

18508
Cap Rate: 7.0%Cash Flow: +$81/mo$158,369
18503
Cap Rate: 6.0%Cash Flow: -$57/mo$167,811
18505
Cap Rate: 5.2%Cash Flow: -$191/mo$185,301

All Zip Codes in Scranton

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
185087.0%+$81$158,369$1,400/mo1.10
185036.0%-$57$167,811$1,310/mo0.94
185055.2%-$191$185,301$1,290/mo0.81
185045.0%-$212$188,385$1,290/mo0.79
185105.0%-$237$200,695$1,360/mo0.78
185094.7%-$301$211,333$1,370/mo0.73
185124.2%-$382$213,683$1,290/mo0.66