1240 Ridge AveWhitehallPA18052
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 Whitehall at 1240 Ridge Ave, Whitehall, PA, 18052 generates $2,331/mo in rent, after a $1,810/mo payment. Total monthly income is $2,331/mo. Return on cash invested sits at 19% in year one, and rental yield is 7.56% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 98.48% and total cumulative return in cash sums $120,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,331/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18052, Whitehall, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,017 (100%) |
| Owner Occupied HU | 7,292 (60.7%) |
| Renter Occupied HU | 4,322 (36.0%) |
| Vacant Housing Units | 403 ( 3.4%) |
| Median Home Value | $303,903 |
| Average Home Value | $335,283 |
Housing Distribution
Address Breakdown
Residential
11,951
Single Family
9,450
Multi-Family
2,501
Businesses
915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianne R. Altieri • Serhant Pennsylvania LLC
Mls Name: GLVR
Mls ID: #769693