15 Loomis LnGillettPA16925
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
Investment property for sale in Gillett at 15 Loomis Ln, Gillett, PA, 16925 listed at $280,000 pairs $2,284/mo rent with a $1,370/mo payment to leave $450/mo cash flow. Total monthly income runs $2,284/mo, and annual cash flow reaches $5,396/yr on $92,820 cash to close. Return on cash invested measures 25.72% in year one, and rental yield registers 9.79% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 134.5% and total cumulative return in cash totals $124,845. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,284/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16925, Gillett, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,598 (100%) |
| Owner Occupied HU | 1,091 (68.3%) |
| Renter Occupied HU | 243 (15.2%) |
| Vacant Housing Units | 264 (16.5%) |
| Median Home Value | $213,462 |
| Average Home Value | $254,113 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,497
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Johnston • KENARRI Real Estate Division
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722450
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.