311 Jackson AveRidgwayPA15853
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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 Ridgway at 311 Jackson Ave, Ridgway, PA, 15853 priced at $120,000 converts $903/mo rent into $117/mo cash flow after a $587/mo obligation. Total monthly income equals $903/mo, and annual cash flow totals $1,404/yr on $39,780 invested. Return on cash invested prints 23.44% in year one, and rental yield reads 9.03% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 122.22% and total cumulative return in cash sums $48,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $903/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1905
3,049 sqft 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: Suzanne Wolfe • Anderson & Kime Realty Services Inc
Mls Name: ECBR
Mls ID: #25-305