16023 Berwick TpkeGillettPA16925
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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
Investment property for sale in Gillett at 16023 Berwick Tpke, Gillett, PA, 16925 listed at $159,000 pairs $1,180/mo rent with a $778/mo payment to leave $138/mo cash flow. Total monthly income runs $1,180/mo, and annual cash flow reaches $1,660/yr on $52,709 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 8.91% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 120.25% and total cumulative return in cash totals $63,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,180/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1876
0.46 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: Shannon Clark • Century 21 Jackson Real Estate - Towanda
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722207
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.