11228 Ridge RdRenovoPA17764
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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
Rental property for sale in Renovo at 11228 Ridge Rd, Renovo, PA, 17764 generates $1,105/mo in rent and, after a $693/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,105/mo, and annual cash flow is $2,128/yr on $46,907 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 9.37% on a $141,500 entry. Equity gained on principal adds $913/yr, while 5% annual appreciation builds toward $39,094 over five years. Five-year ROI reaches 127.74% and total cumulative return in cash sums $59,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,105/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17764, Renovo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 712 (41.7%) |
| Renter Occupied HU | 244 (14.3%) |
| Vacant Housing Units | 752 (44.0%) |
| Median Home Value | $97,568 |
| Average Home Value | $135,365 |
Housing Distribution
Address Breakdown
Residential
1,053
Single Family
1,023
Multi-Family
30
Businesses
92
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Listed by: Lisa Linn • Davis Real Estate, Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722585
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.