408 Ridgeview DrDravosburgPA15034
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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
Investment property for sale in Dravosburg at 408 Ridgeview Dr, Dravosburg, PA, 15034 offers a 15.55% rental yield on a $124,900 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $611/mo payment leaves $751/mo available for distribution. Annual cash flow reaches $9,012/yr on $41,404 to close, and return on cash invested stands at 41.67% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 220.55% and total cumulative return in cash at $91,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15034, Dravosburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 436 (44.9%) |
| Renter Occupied HU | 404 (41.6%) |
| Vacant Housing Units | 130 (13.4%) |
| Median Home Value | $96,364 |
| Average Home Value | $230,298 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
861
Multi-Family
0
Businesses
78
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Listed by: Kenneth Weir • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1659403
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.