16 Quarry LnGaletonPA16922
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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 Galeton at 16 Quarry Ln, Galeton, PA, 16922 priced at $280,000 pairs $1,050/mo rent with after a $1,370/mo payment. Total monthly income equals $1,050/mo. Return on cash invested is 9.77% in year one, and rental yield stands at 4.5% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 48.96% and total cumulative return in cash reaches $45,441. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
6.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16922, Galeton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 654 (31.7%) |
| Renter Occupied HU | 228 (11.1%) |
| Vacant Housing Units | 1,179 (57.2%) |
| Median Home Value | $162,037 |
| Average Home Value | $208,047 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
855
Multi-Family
28
Businesses
91
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Listed by: Russell James Bull • Pine Creek Real Estate (G)
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722359
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.