1436 Hickory Ridge RdFairmount CityPA16224
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 Fairmount City at 1436 Hickory Ridge Rd, Fairmount City, PA, 16224 priced at $1,900,000 converts $1,268/mo rent into after a $9,300/mo obligation. Total monthly income equals $1,268/mo. Return on cash invested prints -1.43% in year one, and rental yield reads 0.8% against a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation compiles into $524,935 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,268/mo property income covering a $9,300/mo payment, not borrower’s personal income.
Single Family
Built in 2007
180.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16224, Fairmount City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 355 (71.1%) |
| Renter Occupied HU | 101 (20.2%) |
| Vacant Housing Units | 43 ( 8.6%) |
| Median Home Value | $150,379 |
| Average Home Value | $214,141 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Lightner • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1678055