49 Central AveWellsboroPA16901
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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 Wellsboro at 49 Central Ave, Wellsboro, PA, 16901 priced at $449,900 converts $1,080/mo rent into after a $2,202/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 4.88% in year one, and rental yield reads 2.88% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 22.7% and total cumulative return in cash sums $33,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.31 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: Karen Hackett • Cowanesque Lake Realty, LLC
Mls Name: ECMLS
Mls Provider:
Mls ID: #276682
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.