1402 Ridgeview DrMorgantownPA19543
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1402 Ridgeview Dr, Morgantown, PA, 19543 in Morgantown is a solid income-producing rental, 8.95% gross yield, $3,169/mo rent, $384/mo net cash flow on a $425,000 buy. DSCR 1.66 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $117,420 and $3,914/yr in principal reduction project a total cumulative return of $186,599.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $384 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,169 |
| Total Monthly Debt Service | $2,616 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19543, Morgantown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,735 (80.1%) |
| Renter Occupied HU | 367 (17.0%) |
| Vacant Housing Units | 63 ( 2.9%) |
| Median Home Value | $356,599 |
| Average Home Value | $395,824 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,087
Multi-Family
0
Businesses
219
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
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19543, Morgantown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,735 (80.1%) |
| Renter Occupied HU | 367 (17.0%) |
| Vacant Housing Units | 63 ( 2.9%) |
| Median Home Value | $356,599 |
| Average Home Value | $395,824 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,087
Multi-Family
0
Businesses
219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Gardinier • Iron Valley Real Estate of Berks
Mls Name: Bright MLS
Mls ID: #PABK2063594