22711 State Highway 287MorrisPA16938
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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 Morris at 22711 State Highway 287, Morris, PA, 16938 generates $1,440/mo in rent and, after a $781/mo payment, leaves $394/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $4,734/yr on $52,874 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 10.83% on a $159,500 entry. Equity gained on principal adds $1,029/yr, while 5% annual appreciation builds toward $44,067 over five years. Five-year ROI reaches 151.38% and total cumulative return in cash sums $80,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16938, Morris, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 256 (36.2%) |
| Renter Occupied HU | 40 ( 5.7%) |
| Vacant Housing Units | 411 (58.1%) |
| Median Home Value | $176,923 |
| Average Home Value | $217,451 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Booker Riddick • Century 21 1st Choice Realty
Mls Name: West Branch Valley AOR
Mls ID: #WB-101582
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.