655 Scott Ridge RdHarmonyPA16037
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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
Total monthly income runs $2,310/mo, and a $3,463/mo payment. Purchase price stands at $707,550, and rental yield measures 3.92% with $2,310/mo rent. Return on cash invested shows 8.07% in year one, and 5% annual appreciation builds toward $195,483 over five years. Five-year ROI reaches 39.8% and total cumulative return in cash records $92,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $3,463/mo payment rather than investor’s personal income.
Single Family
Built in 2002
4.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16037, Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,201 (100%) |
| Owner Occupied HU | 1,761 (80.0%) |
| Renter Occupied HU | 258 (11.7%) |
| Vacant Housing Units | 182 ( 8.3%) |
| Median Home Value | $410,036 |
| Average Home Value | $521,107 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,351
Multi-Family
0
Businesses
178
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Listed by: Georgie Smigel • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1699070
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.