11500 Ladd RdCorryPA16407
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 Corry at 11500 Ladd Rd, Corry, PA, 16407 generates $1,765/mo in rent and, after a $1,077/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,765/mo, and annual cash flow is $3,878/yr on $72,930 invested. Return on cash invested sits at 25.23% in year one, and rental yield is 9.63% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 131.9% and total cumulative return in cash sums $96,191. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,765/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
5.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16407, Corry, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,659 (100%) |
| Owner Occupied HU | 2,963 (63.6%) |
| Renter Occupied HU | 1,245 (26.7%) |
| Vacant Housing Units | 451 ( 9.7%) |
| Median Home Value | $161,341 |
| Average Home Value | $197,347 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,256
Multi-Family
140
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Sander • Sander Land & Home Realty
Mls Name: GEMLS
Mls ID: #189226