43 Songbird WayGaletonPA16922
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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 Galeton at 43 Songbird Way, Galeton, PA, 16922 priced at $472,000 pairs $1,050/mo rent with after a $2,310/mo payment. Total monthly income equals $1,050/mo. Return on cash invested is 4.24% in year one, and rental yield stands at 2.67% on a $472,000 basis. Equity gained on principal adds $3,046/yr, and 5% annual appreciation accumulates to $130,405 by year five. Five-year ROI measures 19.33% and total cumulative return in cash reaches $30,241. For financing, Ziffy Mortgage’s DSCR program evaluates $1,050/mo property income against a $2,310/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
11.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16922, Galeton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,061 (100%) |
| Owner Occupied HU | 654 (31.7%) |
| Renter Occupied HU | 228 (11.1%) |
| Vacant Housing Units | 1,179 (57.2%) |
| Median Home Value | $162,037 |
| Average Home Value | $208,047 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
855
Multi-Family
28
Businesses
91
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Listed by: Jim Bull • Mountain Valley Realty Inc
Mls Name: Bright MLS
Mls ID: #PAPO2000256