283 Wilsey RdFranklinPA16323
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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 Franklin at 283 Wilsey Rd, Franklin, PA, 16323 priced at $579,000 converts $1,705/mo rent into after a $2,834/mo obligation. Total monthly income equals $1,705/mo. Return on cash invested prints 6.9% in year one, and rental yield reads 3.53% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 33.52% and total cumulative return in cash sums $63,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,705/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Single Family
Built in 1848
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16323, Franklin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 4,678 (64.0%) |
| Renter Occupied HU | 1,781 (24.4%) |
| Vacant Housing Units | 849 (11.6%) |
| Median Home Value | $147,654 |
| Average Home Value | $190,611 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,570
Multi-Family
259
Businesses
633
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Listed by: Joel Mowris • Mossy Oak Properties Pennsylvania Land Professionals
Mls Name: REALSTACK
Mls ID: #89708