11409 Ridge RdRenovoPA17764
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
Rental property for sale in Renovo at 11409 Ridge Rd, Renovo, PA, 17764 generates $1,655/mo in rent, after a $1,708/mo payment. Total monthly income is $1,655/mo. Return on cash invested sits at 13.36% in year one, and rental yield is 5.69% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 68.21% and total cumulative return in cash sums $78,912. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,655/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
22 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Marie Probst • Berkshire Hathaway Homeservices Hodrick Realty, Lh
Mls Name: West Branch Valley AOR
Mls ID: #WB-100005
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.