1143 Ridge DrGouldsboroPA18424
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 Gouldsboro at 1143 Ridge Dr, Gouldsboro, PA, 18424 priced at $189,000 pairs $3,320/mo rent with $1,949/mo cash flow after a $925/mo payment. Total monthly income equals $3,320/mo, and annual cash flow comes to $23,384/yr on $62,654 invested. Return on cash invested is 57.23% in year one, and rental yield stands at 21.08% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 304.4% and total cumulative return in cash reaches $190,714. For financing, Ziffy Mortgage’s DSCR program evaluates $3,320/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.29 Acres lot
$N/A/sqft
$1,595 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18424, Gouldsboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 1,915 (47.3%) |
| Renter Occupied HU | 322 ( 7.9%) |
| Vacant Housing Units | 1,814 (44.8%) |
| Median Home Value | $238,164 |
| Average Home Value | $288,240 |
Housing Distribution
Address Breakdown
Residential
2,186
Single Family
2,186
Multi-Family
0
Businesses
118
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Listed by: Elzbieta Rosser • WEICHERT Realtors Acclaim - Tannersville
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-115564
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