306 Ridgewood RdShippenvillePA16254
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 Shippenville at 306 Ridgewood Rd, Shippenville, PA, 16254 earns $987/mo cash flow from $2,690/mo rent with a $1,272/mo payment. Total monthly income totals $2,690/mo, and annual cash flow totals $11,844/yr on $86,157 capital. ROI tracks 33.66% on current figures, and rental yield reads 12.42% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 177.02% and total cumulative return in cash sums $152,518. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,690/mo property income instead of your personal income.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16254, Shippenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 1,061 (72.1%) |
| Renter Occupied HU | 227 (15.4%) |
| Vacant Housing Units | 184 (12.5%) |
| Median Home Value | $164,792 |
| Average Home Value | $206,256 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Burford • Burford & Henry Real Estate Services
Mls Name: Allegheny Valley BOR
Mls ID: #160600
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.