824 Cherry StWilliamsportPA17701
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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 Williamsport at 824 Cherry St, Williamsport, PA, 17701 uses $38,454 cash to close to unlock $6,681/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $568/mo payment keeps the spread at $557/mo. Purchase price stands at $116,000, and rental yield measures 13.83% with $1,337/mo rent. Return on cash invested shows 37.28% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 196.72% and total cumulative return in cash records $75,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $568/mo payment rather than investor’s personal income.
Single Family
Built in 1901
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17701, Williamsport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,413 (100%) |
| Owner Occupied HU | 9,742 (47.7%) |
| Renter Occupied HU | 8,255 (40.4%) |
| Vacant Housing Units | 2,416 (11.8%) |
| Median Home Value | $213,293 |
| Average Home Value | $258,301 |
Housing Distribution
Address Breakdown
Residential
18,673
Single Family
16,782
Multi-Family
1,891
Businesses
1,598
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