147 Ridgewood DrFreedomPA15042
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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
Rental property for sale in Freedom at 147 Ridgewood Dr, Freedom, PA, 15042 generates $1,543/mo in rent, after a $1,366/mo payment. Total monthly income is $1,543/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 6.64% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 83.49% and total cumulative return in cash sums $77,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,543/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15042, Freedom, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,824 (100%) |
| Owner Occupied HU | 2,934 (76.7%) |
| Renter Occupied HU | 561 (14.7%) |
| Vacant Housing Units | 329 ( 8.6%) |
| Median Home Value | $248,456 |
| Average Home Value | $299,692 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,523
Multi-Family
54
Businesses
110
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Listed by: Jason Phillips • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1707591