2280 German Settlement RdRidgwayPA15853
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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 Ridgway at 2280 German Settlement Rd, Ridgway, PA, 15853 earns from $1,711/mo rent with a $2,447/mo payment. Total monthly income totals $1,711/mo. ROI tracks 8.58% on current figures, and rental yield reads 4.11% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 42.54% and total cumulative return in cash sums $70,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 1890
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15853, Ridgway, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,490 (100%) |
| Owner Occupied HU | 2,073 (59.4%) |
| Renter Occupied HU | 684 (19.6%) |
| Vacant Housing Units | 733 (21.0%) |
| Median Home Value | $135,560 |
| Average Home Value | $186,295 |
Housing Distribution
Address Breakdown
Residential
2,902
Single Family
2,763
Multi-Family
139
Businesses
314
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Listed by: Kristi Krott • Keller Williams Advantage
Mls Name: ECBR
Mls ID: #25-11
Disclaimer: Copyright Elk Cameron Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.