1824 Homewood AveWilliamsportPA17701
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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 Williamsport at 1824 Homewood Ave, Williamsport, PA, 17701 priced at $204,990 converts $1,320/mo rent into after a $1,003/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 17.38% in year one, and rental yield reads 7.73% against a $204,990 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,635 by year five. Five-year ROI reaches 90.63% and total cumulative return in cash sums $61,587. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Townhouse
Built in 1983
2,178 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17701, Williamsport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,413 (100%) |
| Owner Occupied HU | 9,742 (47.7%) |
| Renter Occupied HU | 8,255 (40.4%) |
| Vacant Housing Units | 2,416 (11.8%) |
| Median Home Value | $213,293 |
| Average Home Value | $258,301 |
Housing Distribution
Address Breakdown
Residential
18,673
Single Family
16,782
Multi-Family
1,891
Businesses
1,598
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Listed by: Chad Saylor • Iron Valley Real Estate North Central Pa
Mls Name: West Branch Valley AOR
Mls ID: #WB-100578
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.