224 Pelton PlGillettPA16925
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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 224 Pelton Pl, Gillett, PA, 16925 with 5% annual appreciation on a $148,000 basis while $2,957/mo rent supports operations. Total monthly income totals $2,957/mo and a $724/mo payment preserves $1,988/mo for cash returns. Annual cash flow comes to $23,851/yr on $49,062 deployed, and return on cash invested reaches 68.52% in year one. Equity gained on principal adds $955/yr, and five-year appreciation sums $40,890 alongside rental yield of 23.98%. Five-year ROI measures 364.03% and total cumulative return in cash totals $178,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,957/mo property income versus a $724/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.73 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: Kimberly Case • Howard Hanna Professionals-Wellsboro
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31718632
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.