1153 Route 6GainesPA16921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gaines at 1153 Route 6, Gaines, PA, 16921 generates $1,394/mo in rent, after a $1,346/mo payment. Total monthly income is $1,394/mo. Return on cash invested sits at 14.54% in year one, and rental yield is 6.08% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 74.52% and total cumulative return in cash sums $67,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,394/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16921, Gaines, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 729 (100%) |
| Owner Occupied HU | 174 (23.9%) |
| Renter Occupied HU | 46 ( 6.3%) |
| Vacant Housing Units | 509 (69.8%) |
| Median Home Value | $230,952 |
| Average Home Value | $339,986 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
16
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Nearby investment properties with comparable prices
Listed by: Teresa Doud • Berkshire Hathaway HomeServices Hodrick Realty - Wellsboro
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722941
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.