1962 Ridge RdWellsvillePA17365
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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 Wellsville at 1962 Ridge Rd, Wellsville, PA, 17365 generates $2,980/mo in rent, after a $3,083/mo payment. Total monthly income is $2,980/mo. Return on cash invested sits at 13.42% in year one, and rental yield is 5.68% on a $629,900 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,030 over five years. Five-year ROI reaches 68.47% and total cumulative return in cash sums $141,903. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17365, Wellsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 922 (81.8%) |
| Renter Occupied HU | 162 (14.4%) |
| Vacant Housing Units | 43 ( 3.8%) |
| Median Home Value | $341,315 |
| Average Home Value | $391,152 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
51
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Listed by: Jerry Riggleman • Real of Pennsylvania
Mls Name: Bright MLS
Mls ID: #PAYK2095614