268 Cherry Flats RdWellsboroPA16901
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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 Wellsboro at 268 Cherry Flats Rd, Wellsboro, PA, 16901 with 5% annual appreciation on a $515,500 basis while $2,324/mo rent supports operations. 6% in year one. Equity gained on principal adds $3,326/yr, and five-year appreciation sums $142,423 alongside rental yield of 5.41%. Five-year ROI measures 64.14% and total cumulative return in cash totals $108,782. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,324/mo property income versus a $2,523/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
3.66 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: Shalane Gee • C21 Gold Star Real Estate
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31722859