2079 Oakridge DrSalixPA15952
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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 Salix at 2079 Oakridge Dr, Salix, PA, 15952 priced at $279,900 converts $2,040/mo rent into $206/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $2,470/yr on $92,787 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.75% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 117.59% and total cumulative return in cash sums $109,105. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15952, Salix, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 561 (72.8%) |
| Renter Occupied HU | 132 (17.1%) |
| Vacant Housing Units | 78 (10.1%) |
| Median Home Value | $175,245 |
| Average Home Value | $242,255 |
Housing Distribution
Address Breakdown
Residential
475
Single Family
410
Multi-Family
65
Businesses
35
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Listed by: Bob & Bobby Colvin • RE/MAX TEAM, REALTORS
Mls Name: CSMLS
Mls Provider:
Mls ID: #96036662
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.