1855 Ridge RdBangorPA18013
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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 Bangor at 1855 Ridge Rd, Bangor, PA, 18013 generates $4,231/mo in rent, after a $5,873/mo payment. Total monthly income is $4,231/mo. Return on cash invested sits at 9.16% in year one, and rental yield is 4.23% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 45.58% and total cumulative return in cash sums $177,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,231/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
60.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18013, Bangor, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,651 (100%) |
| Owner Occupied HU | 5,365 (70.1%) |
| Renter Occupied HU | 1,793 (23.4%) |
| Vacant Housing Units | 493 ( 6.4%) |
| Median Home Value | $336,344 |
| Average Home Value | $406,523 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
7,174
Multi-Family
314
Businesses
370
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Listed by: Renee C. Ott • Weichert Co Realtors
Mls Name: GLVR
Mls ID: #765941