1753 Updike RdGillettPA16925
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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 1753 Updike Rd, Gillett, PA, 16925 offers a 9.46% rental yield on a $284,500 purchase with $2,242/mo rent. Total monthly income registers $2,242/mo, and a $1,392/mo payment leaves $378/mo available for distribution. Annual cash flow reaches $4,539/yr on $94,312 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $1,836/yr while 5% annual appreciation supports $78,602 over five years. Portfolio math shows five-year ROI at 129.16% and total cumulative return in cash at $121,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,242/mo property income against a $1,392/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5.13 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: Mark Spencer • Penn Oak Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722711
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.