110 W Ridge St, Lansford, PA, 18232 | Equity Gain $6,356/yr

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110 W Ridge St, Lansford, PA, 18232 | Equity Gain $6,356/yr | Ziffy

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lansford at 110 W Ridge St, Lansford, PA, 18232 earns from $1,076/mo rent with a $4,821/mo payment. Total monthly income totals $1,076/mo. ROI tracks 0.14% on current figures, and rental yield reads 1.31% at a $985,000 purchase. Equity gained on principal adds $6,356/yr, and 5% annual appreciation supports $272,137 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,076/mo property income instead of your personal income.

Multi Family

Built in 1970

3,092 sqft lot

$N/A/sqft

No HOA

More details about the property

This fully occupied CASH COW & Immediate cash flow with Gross of $128,100 & Net Income of $105,992, making this fully renovated, turn-key 9-unit portfolio a premier investment. Ownership invested over $300,000 into a complete rehabilitation across 110, 112, & 114 W Ridge St, transforming these buildings into the most attractive multifamily assets on the block. Exterior highlights include a brand-new faade, roof, balconies, & refinished rear deck, along with 25+ new windows that enhance efficiency and curb appeal. Inside, nearly every aspect has been modernized: new & refinished kitchens with appliances, cabinets, & granite countertops; updated bathrooms; new flooring; fresh paint; & new water heaters & electrical upgrades. The property is sold with a clear Certificate of Occupancy and new city rental permits. The unit mix provides tenant diversity and strong retention: six large 1BR/1BA units, one spacious 2BR/1BA with private rear deck, one enormous 2-story 4BR/2BA with rear deck, and a long-standing, veteran-run barbershop anchoring the commercial space. All tenants are brand-new, friendly, and secured on 1-year leases, stabilizing income from day one. Located next to the new St. Lukes Hospital, near Main Street businesses, highways, police station, and a church, the property offers a strong rental base in a revitalizing community. This is a rare chance to own a fully renovated, fully leased, high-yield property with unmatched curb appeal & long-term stability.

Neighborhood Data

Neighborhood data shown for ZIP Code: 18232, Lansford, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,232 (100%)
Owner Occupied HU	971 (43.5%)
Renter Occupied HU	785 (35.2%)
Vacant Housing Units	476 (21.3%)
Median Home Value	$55,092
Average Home Value	$113,316