38 Elmers LnWellsboroPA16901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 38 Elmers Ln, Wellsboro, PA, 16901 at $254,900 posts ROI 21.42% with $106/mo cash flow from $1,777/mo rent. Total monthly income equals $1,777/mo, and annual cash flow records $1,275/yr on $84,499 to close. Return on cash invested measures 21.42% and rental yield reads 8.37% at the current $254,900. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 by year five. Five-year ROI prints 111.45% and total cumulative return in cash totals $94,176.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,777/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
1.15 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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Nearby investment properties with comparable prices
Listed by: Amy Root • Mountain Valley Realty, Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31721846
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.