104 Ridge LnGapPA17527
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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 Gap at 104 Ridge Ln, Gap, PA, 17527 earns from $2,622/mo rent with a $2,521/mo payment. Total monthly income totals $2,622/mo. ROI tracks 14.73% on current figures, and rental yield reads 6.11% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 75.5% and total cumulative return in cash sums $127,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,622/mo property income instead of your personal income.
Single Family
Built in 2003
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17527, Gap, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,127 (100%) |
| Owner Occupied HU | 1,557 (73.2%) |
| Renter Occupied HU | 475 (22.3%) |
| Vacant Housing Units | 95 ( 4.5%) |
| Median Home Value | $426,547 |
| Average Home Value | $488,714 |
Housing Distribution
Address Breakdown
Residential
2,073
Single Family
2,073
Multi-Family
0
Businesses
184
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Listed by: Wendy Stauffer • Kingsway Realty - Ephrata
Mls Name: Bright MLS
Mls ID: #PALA2078448