318 W Ridge AveFalls CreekPA15840
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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 Falls Creek at 318 W Ridge Ave, Falls Creek, PA, 15840 priced at $174,900 converts $1,136/mo rent into after a $856/mo obligation. Total monthly income equals $1,136/mo. Return on cash invested prints 19.7% in year one, and rental yield reads 7.79% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 102.22% and total cumulative return in cash sums $59,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,136/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15840, Falls Creek, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 608 (72.0%) |
| Renter Occupied HU | 177 (20.9%) |
| Vacant Housing Units | 60 ( 7.1%) |
| Median Home Value | $116,972 |
| Average Home Value | $156,805 |
Housing Distribution
Address Breakdown
Residential
633
Single Family
633
Multi-Family
0
Businesses
51
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Listed by: Wendy Desalve, Srs, E-Pro • BRIGHTSTONE REALTY GROUP
Mls Name: Clearfield Jefferson AOR
Mls ID: #04-14376