16370 Boot Jack RdRidgwayPA15853
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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
Total monthly income runs $2,719/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 5.45% with $2,719/mo rent. Return on cash invested shows 12.71% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 64.71% and total cumulative return in cash records $127,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,719/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1973
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15853, Ridgway, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,490 (100%) |
| Owner Occupied HU | 2,073 (59.4%) |
| Renter Occupied HU | 684 (19.6%) |
| Vacant Housing Units | 733 (21.0%) |
| Median Home Value | $135,560 |
| Average Home Value | $186,295 |
Housing Distribution
Address Breakdown
Residential
2,902
Single Family
2,763
Multi-Family
139
Businesses
314
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Listed by: Katie Bish, Abr, Sres, Srs • RE/MAX SELECT GROUP
Mls Name: Clearfield Jefferson AOR
Mls ID: #16-642