1309 Chestnut Ridge RdPenn RunPA15765
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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 Penn Run at 1309 Chestnut Ridge Rd, Penn Run, PA, 15765 offers a 8.61% rental yield on a $641,309 purchase with $4,600/mo rent. Total monthly income registers $4,600/mo, and a $3,139/mo payment leaves $398/mo available for distribution. Annual cash flow reaches $4,770/yr on $210,991 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $4,138/yr while 5% annual appreciation supports $177,182 over five years. Portfolio math shows five-year ROI at 116.23% and total cumulative return in cash at $245,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,600/mo property income against a $3,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
19.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15765, Penn Run, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 613 (76.0%) |
| Renter Occupied HU | 89 (11.0%) |
| Vacant Housing Units | 105 (13.0%) |
| Median Home Value | $207,877 |
| Average Home Value | $243,870 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
648
Multi-Family
0
Businesses
37
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Listed by: Casey McCombie • HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
Mls Name: WPMLS
Mls Provider:
Mls ID: #1677174
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