209 Ridge RdPitmanPA17964
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 209 Ridge Rd, Pitman, PA, 17964 in Pitman offers a clean, manageable entry. Rental yield 6.54%. DSCR 1.21 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $82,884 in additional property value over five years, with $2,763/yr in principal equity building ownership stake. Total projected cumulative return: $93,028.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.2% |
| Monthly Cash Flow | $(330) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,636 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17964, Pitman, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 298 (100%) |
| Owner Occupied HU | 226 (75.8%) |
| Renter Occupied HU | 35 (11.7%) |
| Vacant Housing Units | 37 (12.4%) |
| Median Home Value | $281,111 |
| Average Home Value | $296,659 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17964, Pitman, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 298 (100%) |
| Owner Occupied HU | 226 (75.8%) |
| Renter Occupied HU | 35 (11.7%) |
| Vacant Housing Units | 37 (12.4%) |
| Median Home Value | $281,111 |
| Average Home Value | $296,659 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Westfall • BHHS Homesale Realty - Schuylkill Haven
Mls Name: Bright MLS
Mls ID: #PASK2024432