847 Route 287MorrisPA16938
Nearby investment properties with comparable rents
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 Morris at 847 Route 287, Morris, PA, 16938 offers a 11.28% rental yield on a $139,900 purchase with $1,315/mo rent. Total monthly income registers $1,315/mo, and a $685/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,776/yr on $46,377 to close, and return on cash invested stands at 30.21% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 158.54% and total cumulative return in cash at $73,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,315/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2015
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16938, Morris, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 707 (100%) |
| Owner Occupied HU | 256 (36.2%) |
| Renter Occupied HU | 40 ( 5.7%) |
| Vacant Housing Units | 411 (58.1%) |
| Median Home Value | $176,923 |
| Average Home Value | $217,451 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
21
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Listed by: Dustin Jelliff • United Country - Jelliff Auction & Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31722811