129 E Ridge StCoaldalePA18218
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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 Coaldale at 129 E Ridge St, Coaldale, PA, 18218 with 5% annual appreciation on a $145,000 basis while $1,161/mo rent supports operations. Total monthly income totals $1,161/mo and a $710/mo payment preserves $211/mo for cash returns. Annual cash flow comes to $2,526/yr on $48,068 deployed, and return on cash invested reaches 25.17% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.61%. Five-year ROI measures 131.56% and total cumulative return in cash totals $63,236.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,161/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18218, Coaldale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 746 (56.4%) |
| Renter Occupied HU | 307 (23.2%) |
| Vacant Housing Units | 269 (20.3%) |
| Median Home Value | $79,011 |
| Average Home Value | $144,970 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,095
Multi-Family
0
Businesses
37
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Listed by: Michael J. McGinley • Towne and Country Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #762102
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.