404 Ridge AvePunxsutawneyPA15767
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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 Punxsutawney at 404 Ridge Ave, Punxsutawney, PA, 15767 priced at $115,000 converts $829/mo rent into $75/mo cash flow after a $563/mo obligation. Total monthly income equals $829/mo, and annual cash flow totals $903/yr on $38,123 invested. Return on cash invested prints 22.28% in year one, and rental yield reads 8.65% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 116.11% and total cumulative return in cash sums $44,265. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $829/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15767, Punxsutawney, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,794 (100%) |
| Owner Occupied HU | 4,277 (63.0%) |
| Renter Occupied HU | 1,618 (23.8%) |
| Vacant Housing Units | 899 (13.2%) |
| Median Home Value | $165,441 |
| Average Home Value | $208,874 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,646
Multi-Family
312
Businesses
553
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Listed by: Kimberly Neigh • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1682157
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.