340 Allenhurst AveRidgwayPA15853
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
Rental property for sale in Ridgway at 340 Allenhurst Ave, Ridgway, PA, 15853 generates $1,386/mo in rent and, after a $832/mo payment, leaves $272/mo in cash flow. Total monthly income is $1,386/mo, and annual cash flow is $3,265/yr on $56,355 invested. Return on cash invested sits at 25.7% in year one, and rental yield is 9.78% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 134.49% and total cumulative return in cash sums $75,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie Herbstritt • Anderson & Kime Realty Services Inc
Mls Name: ECBR
Mls ID: #25-304