485 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 485 Derrick Rd, Bradford, PA, 16701 generates $960/mo in rent, after a $969/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 13.74% in year one, and rental yield is 5.82% on a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 70.27% and total cumulative return in cash sums $46,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1.88 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: Rachel A Fraley • Howard Hanna Professionals - Olean
Mls Name: NYSAMLSs
Mls ID: #R1653081