1003 Reese Hill RdWellsboroPA16901
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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 Wellsboro at 1003 Reese Hill Rd, Wellsboro, PA, 16901 at $289,000 posts ROI 14.04% with from $1,426/mo rent. Total monthly income equals $1,426/mo. Return on cash invested measures 14.04% and rental yield reads 5.92% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 71.87% and total cumulative return in cash totals $68,858. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,426/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
8.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16901, Wellsboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,146 (59.8%) |
| Renter Occupied HU | 1,143 (21.7%) |
| Vacant Housing Units | 973 (18.5%) |
| Median Home Value | $247,640 |
| Average Home Value | $289,350 |
Housing Distribution
Address Breakdown
Residential
4,584
Single Family
4,356
Multi-Family
228
Businesses
489
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Listed by: Daisy Jelliff-Bennett • United Country - Jelliff Auction & Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31724798