281 Fern Ridge RdBlakesleePA18610
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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 Blakeslee at 281 Fern Ridge Rd, Blakeslee, PA, 18610 priced at $312,500 pairs $2,159/mo rent with $20/mo cash flow after a $1,530/mo payment. Total monthly income equals $2,159/mo, and annual cash flow comes to $236/yr on $103,594 invested. Return on cash invested is 20.14% in year one, and rental yield stands at 8.29% on a $312,500 basis. Equity gained on principal adds $2,017/yr, and 5% annual appreciation accumulates to $86,338 by year five. Five-year ROI measures 104.95% and total cumulative return in cash reaches $108,720. For financing, Ziffy Mortgage’s DSCR program evaluates $2,159/mo property income against a $1,530/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.57 Acres lot
$N/A/sqft
$1,093 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18610, Blakeslee, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,266 (100%) |
| Owner Occupied HU | 1,374 (60.6%) |
| Renter Occupied HU | 225 ( 9.9%) |
| Vacant Housing Units | 667 (29.4%) |
| Median Home Value | $278,968 |
| Average Home Value | $316,434 |
Housing Distribution
Address Breakdown
Residential
1,626
Single Family
1,620
Multi-Family
6
Businesses
138
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Listed by: Mary E. O'Brien • DiMaria Realty LLC
Mls Name: GLVR
Mls Provider:
Mls ID: #761551
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.