22 Woodland AveWellsboroPA16901
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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 Wellsboro at 22 Woodland Ave, Wellsboro, PA, 16901 priced at $184,900 converts $1,301/mo rent into $89/mo cash flow after a $905/mo obligation. Total monthly income equals $1,301/mo, and annual cash flow totals $1,073/yr on $61,294 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 8.44% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 112.76% and total cumulative return in cash sums $69,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,301/mo property income covering a $905/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16901, Wellsboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,146 (59.8%) |
| Renter Occupied HU | 1,143 (21.7%) |
| Vacant Housing Units | 973 (18.5%) |
| Median Home Value | $247,640 |
| Average Home Value | $289,350 |
Housing Distribution
Address Breakdown
Residential
4,584
Single Family
4,356
Multi-Family
228
Businesses
489
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Listed by: Mark Spencer • Penn Oak Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31722676