37 Nichols StWellsboroPA16901
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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 37 Nichols St, Wellsboro, PA, 16901 offers a 11.02% rental yield on a $179,900 purchase with $1,652/mo rent. Total monthly income registers $1,652/mo, and a $881/mo payment leaves $473/mo available for distribution. Annual cash flow reaches $5,672/yr on $59,637 to close, and return on cash invested stands at 29.42% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 154.37% and total cumulative return in cash at $92,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,652/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
0.28 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: Colleen A Weissman • Berkshire Hathaway Home Services Preferred Properties
Mls Name: GSBR
Mls ID: #SC256425