3003 Ridge RdThompsonPA18465
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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 Thompson at 3003 Ridge Rd, Thompson, PA, 18465 uses $67,958 cash to close to unlock $6,660/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $1,003/mo payment keeps the spread at $555/mo. Purchase price stands at $205,000, and rental yield measures 11.11% with $1,898/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 155.93% and total cumulative return in cash records $105,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1991
4.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18465, Thompson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,179 (100%) |
| Owner Occupied HU | 517 (43.9%) |
| Renter Occupied HU | 95 ( 8.1%) |
| Vacant Housing Units | 567 (48.1%) |
| Median Home Value | $258,607 |
| Average Home Value | $320,000 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
21
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Listed by: JEFFREY R STROHL • Coldwell Banker Town & Country Properties Montrose
Mls Name: GSBR
Mls ID: #SC256396