443 Derrick RdBradfordPA16701
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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 Bradford at 443 Derrick Rd, Bradford, PA, 16701 priced at $190,000 converts $1,528/mo rent into $269/mo cash flow after a $930/mo obligation. Total monthly income equals $1,528/mo, and annual cash flow totals $3,233/yr on $62,985 invested. Return on cash invested prints 25.04% in year one, and rental yield reads 9.65% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 130.97% and total cumulative return in cash sums $82,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,528/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16701, Bradford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,704 (100%) |
| Owner Occupied HU | 4,868 (63.2%) |
| Renter Occupied HU | 1,940 (25.2%) |
| Vacant Housing Units | 896 (11.6%) |
| Median Home Value | $114,269 |
| Average Home Value | $148,867 |
Housing Distribution
Address Breakdown
Residential
7,046
Single Family
6,568
Multi-Family
478
Businesses
712
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Listed by: Howard Byer • GAVEL REALTY
Mls Name: NY State MLS
Mls ID: #11466878