6241 Elders Ridge RdSaltsburgPA15681
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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 Saltsburg at 6241 Elders Ridge Rd, Saltsburg, PA, 15681 uses $76,245 cash to close to unlock $2,071/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,126/mo payment keeps the spread at $173/mo. Purchase price stands at $230,000, and rental yield measures 8.77% with $1,680/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 117.92% and total cumulative return in cash records $89,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15681, Saltsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,504 (70.9%) |
| Renter Occupied HU | 403 (19.0%) |
| Vacant Housing Units | 215 (10.1%) |
| Median Home Value | $195,699 |
| Average Home Value | $247,791 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,944
Multi-Family
28
Businesses
124
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Listed by: David Furst • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls ID: #1728870