5935 Grant RdRidgwayPA15853
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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 Ridgway at 5935 Grant Rd, Ridgway, PA, 15853 priced at $349,000 pairs $1,663/mo rent with after a $1,708/mo payment. Total monthly income equals $1,663/mo. Return on cash invested is 13.44% in year one, and rental yield stands at 5.72% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 68.64% and total cumulative return in cash reaches $79,416. For financing, Ziffy Mortgage’s DSCR program evaluates $1,663/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15853, Ridgway, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,490 (100%) |
| Owner Occupied HU | 2,073 (59.4%) |
| Renter Occupied HU | 684 (19.6%) |
| Vacant Housing Units | 733 (21.0%) |
| Median Home Value | $135,560 |
| Average Home Value | $186,295 |
Housing Distribution
Address Breakdown
Residential
2,902
Single Family
2,763
Multi-Family
139
Businesses
314
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Listed by: Ben Kmetz • Elk County Real Estate
Mls Name: ECBR
Mls ID: #25-22
Disclaimer: Copyright Elk Cameron Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.