124 S Ridge RdBoiling SpringsPA17007
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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 Boiling Springs at 124 S Ridge Rd, Boiling Springs, PA, 17007 offers $3,485/mo rent that, after a $3,323/mo payment. Total monthly income is $3,485/mo. Return on cash invested measures 14.88% in year one, and rental yield stands at 6.16% at a $679,000 entry. Equity gained on principal adds $4,381/yr while 5% annual appreciation compounds into $187,595 by year five. Five-year ROI records 76.32% and total cumulative return in cash reaches $170,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,485/mo property income versus a $3,323/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17007, Boiling Springs, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 2,032 (85.5%) |
| Renter Occupied HU | 281 (11.8%) |
| Vacant Housing Units | 64 ( 2.7%) |
| Median Home Value | $450,000 |
| Average Home Value | $483,212 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
126
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Listed by: DAVID HOOKE • Keller Williams of Central PA
Mls Name: Bright MLS
Mls ID: #PACB2045780