603 Idle Wheels LnSayrePA18840
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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 Sayre at 603 Idle Wheels Ln, Sayre, PA, 18840 generates $1,739/mo in rent and, after a $1,223/mo payment, leaves $102/mo in cash flow. Total monthly income is $1,739/mo, and annual cash flow is $1,219/yr on $82,842 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 8.35% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 111.24% and total cumulative return in cash sums $92,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,739/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18840, Sayre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,068 (100%) |
| Owner Occupied HU | 3,091 (61.0%) |
| Renter Occupied HU | 1,518 (30.0%) |
| Vacant Housing Units | 459 ( 9.1%) |
| Median Home Value | $190,170 |
| Average Home Value | $229,716 |
Housing Distribution
Address Breakdown
Residential
4,777
Single Family
4,617
Multi-Family
160
Businesses
389
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Listed by: Stephanie Johnston • KENARRI Real Estate Division
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31719804
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.