305 Michele LnSayrePA18840
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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 Sayre at 305 Michele Ln, Sayre, PA, 18840 generates $3,310/mo in rent and, after a $1,835/mo payment, leaves $853/mo in cash flow. Total monthly income is $3,310/mo, and annual cash flow is $10,237/yr on $124,313 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.59% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 147.51% and total cumulative return in cash sums $183,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,310/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
7.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18840, Sayre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,068 (100%) |
| Owner Occupied HU | 3,091 (61.0%) |
| Renter Occupied HU | 1,518 (30.0%) |
| Vacant Housing Units | 459 ( 9.1%) |
| Median Home Value | $190,170 |
| Average Home Value | $229,716 |
Housing Distribution
Address Breakdown
Residential
4,777
Single Family
4,617
Multi-Family
160
Businesses
389
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Listed by: Shannon Clark • Century 21 Jackson Real Estate - Towanda
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722506
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.