21345 Ridge DrThree SpringsPA17264
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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 Three Springs at 21345 Ridge Dr, Three Springs, PA, 17264 generates $898/mo in rent and, after a $611/mo payment, leaves $80/mo in cash flow. Total monthly income is $898/mo, and annual cash flow is $960/yr on $41,371 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 8.63% on a $124,800 entry. Equity gained on principal adds $805/yr, while 5% annual appreciation builds toward $34,480 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash sums $47,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $898/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17264, Three Springs, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,408 (100%) |
| Owner Occupied HU | 906 (64.3%) |
| Renter Occupied HU | 191 (13.6%) |
| Vacant Housing Units | 311 (22.1%) |
| Median Home Value | $215,769 |
| Average Home Value | $270,510 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
972
Multi-Family
24
Businesses
37
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Listed by: Renee Starr • Starr and Associates Realty, LLC
Mls Name: Huntingdon County BOR
Mls ID: #2818015
Disclaimer: Copyright Huntingdon County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.