518 Fairmont Ave SWilliamsportPA17702
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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 Williamsport at 518 Fairmont Ave S, Williamsport, PA, 17702 offers a 9.38% rental yield on a $192,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $940/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,899/yr on $63,648 to close, and return on cash invested stands at 24.46% in year one. Equity gained on principal adds $1,239/yr while 5% annual appreciation supports $53,046 over five years. Portfolio math shows five-year ROI at 127.76% and total cumulative return in cash at $81,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17702, Williamsport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,755 (100%) |
| Owner Occupied HU | 3,206 (67.4%) |
| Renter Occupied HU | 1,199 (25.2%) |
| Vacant Housing Units | 350 ( 7.4%) |
| Median Home Value | $212,931 |
| Average Home Value | $248,473 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,402
Multi-Family
170
Businesses
255
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Listed by: Alana Brandt • Berkshire Hathaway Homeservices Hodrick Realty, Wpt
Mls Name: West Branch Valley AOR
Mls ID: #WB-102111