1244 Ridge RdAmbridgePA15003
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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
Investment property for sale in Ambridge at 1244 Ridge Rd, Ambridge, PA, 15003 offers a 9.36% rental yield on a $259,999 purchase with $2,027/mo rent. Total monthly income registers $2,027/mo, and a $1,273/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,874/yr on $86,190 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 127.41% and total cumulative return in cash at $109,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,027/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15003, Ambridge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,090 (100%) |
| Owner Occupied HU | 3,342 (54.9%) |
| Renter Occupied HU | 1,907 (31.3%) |
| Vacant Housing Units | 841 (13.8%) |
| Median Home Value | $158,454 |
| Average Home Value | $251,928 |
Housing Distribution
Address Breakdown
Residential
5,272
Single Family
5,090
Multi-Family
182
Businesses
416
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Listed by: Jacqueline Bohdan • YOUR TOWN REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705798
Disclaimer: Listing 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.