14 Morris LnWellsboroPA16901
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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 14 Morris Ln, Wellsboro, PA, 16901 priced at $349,900 pairs $2,054/mo rent with after a $1,713/mo payment. Total monthly income equals $2,054/mo. Return on cash invested is 17.43% in year one, and rental yield stands at 7.04% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 90.04% and total cumulative return in cash reaches $104,442. For financing, Ziffy Mortgage’s DSCR program evaluates $2,054/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.41 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: Carol Hoke • Berkshire Hathaway HomeServices Hodrick Realty - Wellsboro
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723725