691 Ikes RdWellsboroPA16901
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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 Wellsboro at 691 Ikes Rd, Wellsboro, PA, 16901 listed at $279,900 pairs $1,716/mo rent with a $1,370/mo payment. Total monthly income runs $1,716/mo. Return on cash invested measures 18.38% in year one, and rental yield registers 7.36% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 95.12% and total cumulative return in cash totals $88,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,716/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
6 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: John Johnston • Penn Oak Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31720111
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.