1516 Cummings RdGillettPA16925
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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 Gillett at 1516 Cummings Rd, Gillett, PA, 16925 generates $1,644/mo in rent, after a $1,321/mo payment. Total monthly income is $1,644/mo. Return on cash invested sits at 18.24% in year one, and rental yield is 7.31% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 94.4% and total cumulative return in cash sums $84,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
19.74 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
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Listed by: Josephine Thomas • Henry Dunn, Inc. Sayre
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723079