120 Chestnut Ridge DrOrwigsburgPA17961
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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 Orwigsburg at 120 Chestnut Ridge Dr, Orwigsburg, PA, 17961 generates $2,010/mo in rent and, after a $1,123/mo payment, leaves $506/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $6,077/yr on $76,079 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 10.51% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 146.19% and total cumulative return in cash sums $111,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17961, Orwigsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,975 (100%) |
| Owner Occupied HU | 2,116 (71.1%) |
| Renter Occupied HU | 593 (19.9%) |
| Vacant Housing Units | 266 ( 8.9%) |
| Median Home Value | $293,003 |
| Average Home Value | $353,589 |
Housing Distribution
Address Breakdown
Residential
2,939
Single Family
2,911
Multi-Family
28
Businesses
292
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Listed by: Wasyl M. Onulack, Jr. • CENTURY 21 Keim Realtors
Mls Name: GLVR
Mls Provider:
Mls ID: #754732
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.