106 Sherman StGaletonPA16922
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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
Rental property for sale in Galeton at 106 Sherman St, Galeton, PA, 16922 generates $1,140/mo in rent and, after a $709/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $2,288/yr on $48,034 invested. Return on cash invested sits at 24.67% in year one, and rental yield is 9.44% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 128.88% and total cumulative return in cash sums $61,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16922, Galeton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 654 (31.7%) |
| Renter Occupied HU | 228 (11.1%) |
| Vacant Housing Units | 1,179 (57.2%) |
| Median Home Value | $162,037 |
| Average Home Value | $208,047 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
855
Multi-Family
28
Businesses
91
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Listed by: Shelley Dhaene • Mountain Valley Realty, Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31721773
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.