5 Ridge StAshleyPA18706
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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 Ashley at 5 Ridge St, Ashley, PA, 18706 uses $43,460 cash to close to unlock $6,967/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $642/mo payment keeps the spread at $581/mo. Purchase price stands at $131,100, and rental yield measures 13.18% with $1,440/mo rent. Return on cash invested shows 35.94% in year one, and 5% annual appreciation builds toward $36,221 over five years. Five-year ROI reaches 189.33% and total cumulative return in cash records $82,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $642/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18706, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,885 (58.7%) |
| Renter Occupied HU | 2,498 (30.0%) |
| Vacant Housing Units | 934 (11.2%) |
| Median Home Value | $158,203 |
| Average Home Value | $185,666 |
Housing Distribution
Address Breakdown
Residential
7,615
Single Family
7,399
Multi-Family
216
Businesses
415
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Listed by: N/A • N/A
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