11 Purple StWellsboroPA16901
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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 Wellsboro at 11 Purple St, Wellsboro, PA, 16901 generates $2,304/mo in rent and, after a $1,052/mo payment, leaves $895/mo in cash flow. Total monthly income is $2,304/mo, and annual cash flow is $10,746/yr on $71,273 invested. Return on cash invested sits at 34.99% in year one, and rental yield is 12.86% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 184.2% and total cumulative return in cash sums $131,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,304/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
5,662 sqft 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: Ronda Brill • Berkshire Hathaway HomeServices Hodrick Realty - Wellsboro
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722071
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.