123 E Ridge StLansfordPA18232
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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 Lansford at 123 E Ridge St, Lansford, PA, 18232 priced at $142,500 converts $1,612/mo rent into $670/mo cash flow after a $697/mo obligation. Total monthly income equals $1,612/mo, and annual cash flow totals $8,040/yr on $47,239 invested. Return on cash invested prints 36.93% in year one, and rental yield reads 13.57% against a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation compiles into $39,370 by year five. Five-year ROI reaches 194.77% and total cumulative return in cash sums $92,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,612/mo property income covering a $697/mo payment, not borrower’s personal income.
Single Family
Built in 1906
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18232, Lansford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,232 (100%) |
| Owner Occupied HU | 971 (43.5%) |
| Renter Occupied HU | 785 (35.2%) |
| Vacant Housing Units | 476 (21.3%) |
| Median Home Value | $55,092 |
| Average Home Value | $113,316 |
Housing Distribution
Address Breakdown
Residential
2,086
Single Family
1,982
Multi-Family
104
Businesses
113
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Listed by: Holly J. Stroup • Towne and Country Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #750680
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.