2106 Ridge WayEast GreenvillePA18041
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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 East Greenville at 2106 Ridge Way, East Greenville, PA, 18041 uses $197,071 cash to close to unlock $11,516/yr annual cash flow and $960/mo monthly cash flow. Total monthly income runs $4,885/mo, and a $2,932/mo payment keeps the spread at $960/mo. Purchase price stands at $599,000, and rental yield measures 9.79% with $4,885/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 135.44% and total cumulative return in cash records $266,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,885/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18041, East Greenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,442 (100%) |
| Owner Occupied HU | 1,750 (71.7%) |
| Renter Occupied HU | 538 (22.0%) |
| Vacant Housing Units | 154 ( 6.3%) |
| Median Home Value | $347,059 |
| Average Home Value | $375,461 |
Housing Distribution
Address Breakdown
Residential
2,229
Single Family
2,128
Multi-Family
101
Businesses
146
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Listed by: John A. Rittenhouse • EXP Realty LLC
Mls Name: GLVR
Mls ID: #769951