418 Ridley AveFolsomPA19033
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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 Folsom at 418 Ridley Ave, Folsom, PA, 19033 priced at $582,500 converts $2,874/mo rent into after a $2,851/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 14.16% in year one, and rental yield reads 5.92% against a $582,500 entry. Equity gained on principal adds $3,759/yr, while 5% annual appreciation compiles into $160,934 by year five. Five-year ROI reaches 72.46% and total cumulative return in cash sums $138,865. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $2,851/mo payment, not borrower’s personal income.
Single Family
Built in 1952
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19033, Folsom, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,771 (100%) |
| Owner Occupied HU | 2,255 (81.4%) |
| Renter Occupied HU | 420 (15.2%) |
| Vacant Housing Units | 96 ( 3.5%) |
| Median Home Value | $320,134 |
| Average Home Value | $347,686 |
Housing Distribution
Address Breakdown
Residential
3,119
Single Family
2,833
Multi-Family
286
Businesses
274
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