209 Ridge RdPitmanPA17964
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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 Pitman at 209 Ridge Rd, Pitman, PA, 17964 with 5% annual appreciation on a $300,000 basis while $1,636/mo rent supports operations. 93% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 6.54%. Five-year ROI measures 82.01% and total cumulative return in cash totals $81,564. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,636/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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Listed by: Molly Westfall • BHHS Homesale Realty - Schuylkill Haven
Mls Name: Bright MLS
Mls ID: #PASK2024432