2206 Ridge RdGlenvillePA17329
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
Investment Highlights
Investment property for sale in Glenville at 2206 Ridge Rd, Glenville, PA, 17329 offers a 10.8% rental yield on a $329,995 purchase with $2,970/mo rent. Total monthly income registers $2,970/mo, and a $1,615/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,693/yr on $109,393 to close, and return on cash invested stands at 28.77% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,172 over five years. Portfolio math shows five-year ROI at 150.84% and total cumulative return in cash at $165,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,970/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17329, Glenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 907 (88.7%) |
| Renter Occupied HU | 67 ( 6.6%) |
| Vacant Housing Units | 48 ( 4.7%) |
| Median Home Value | $389,636 |
| Average Home Value | $447,905 |
Housing Distribution
Address Breakdown
Residential
1,008
Single Family
1,008
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Hamberger • Keller Williams Keystone Realty
Mls Name: Bright MLS
Mls ID: #PAYK2096740