605 Wells AveAthensPA18810
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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
Investment property for sale in Athens at 605 Wells Ave, Athens, PA, 18810 uses $89,174 cash to close to unlock $5,051/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,184/mo, and a $1,317/mo payment keeps the spread at $421/mo. Purchase price stands at $269,000, and rental yield measures 9.74% with $2,184/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 133.68% and total cumulative return in cash records $119,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,184/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1916
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18810, Athens, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,752 (100%) |
| Owner Occupied HU | 1,666 (60.5%) |
| Renter Occupied HU | 874 (31.8%) |
| Vacant Housing Units | 212 ( 7.7%) |
| Median Home Value | $219,845 |
| Average Home Value | $247,470 |
Housing Distribution
Address Breakdown
Residential
2,661
Single Family
2,452
Multi-Family
209
Businesses
140
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Listed by: Valerie Oneil • Coldwell Banker Preferred Properties - Sayre
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722517
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.