1518 Laurel Ridge DrCrescentPA15046
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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 Crescent at 1518 Laurel Ridge Dr, Crescent, PA, 15046 priced at $499,000 converts $3,443/mo rent into $38/mo cash flow after a $2,442/mo obligation. Total monthly income equals $3,443/mo, and annual cash flow totals $460/yr on $165,419 invested. Return on cash invested prints 20.19% in year one, and rental yield reads 8.28% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 105.18% and total cumulative return in cash sums $173,982. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,443/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.43 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15046, Crescent, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,051 (100%) |
| Owner Occupied HU | 834 (79.4%) |
| Renter Occupied HU | 133 (12.7%) |
| Vacant Housing Units | 84 ( 8.0%) |
| Median Home Value | $246,875 |
| Average Home Value | $257,023 |
Housing Distribution
Address Breakdown
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
48
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Listed by: Jean Ou • KELLER WILLIAMS EXCLUSIVE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697438
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.