1692 Chestnut Ridge RdUpper Black EddyPA18972
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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
Investment property for sale in Upper Black Eddy at 1692 Chestnut Ridge Rd, Upper Black Eddy, PA, 18972 uses $99,450 cash to close to unlock $10,974/yr annual cash flow and $915/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,468/mo payment keeps the spread at $915/mo. Purchase price stands at $300,000, and rental yield measures 11.52% with $2,880/mo rent. Return on cash invested shows 30.94% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 162.51% and total cumulative return in cash records $161,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18972, Upper Black Eddy, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 1,194 (74.2%) |
| Renter Occupied HU | 255 (15.8%) |
| Vacant Housing Units | 161 ( 10.0%) |
| Median Home Value | $647,436 |
| Average Home Value | $678,809 |
Housing Distribution
Address Breakdown
Residential
1,307
Single Family
1,307
Multi-Family
0
Businesses
44
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Listed by: Sherry Russell • Alderfer Auction & Realty
Mls Name: Bright MLS
Mls ID: #PABU2108592