6787 W Ridge RdFairviewPA16415
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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 Fairview at 6787 W Ridge Rd, Fairview, PA, 16415 generates $1,524/mo in rent and, after a $929/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,524/mo, and annual cash flow is $3,361/yr on $62,952 invested. Return on cash invested sits at 25.25% in year one, and rental yield is 9.63% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 132.03% and total cumulative return in cash sums $83,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,524/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16415, Fairview, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,734 (100%) |
| Owner Occupied HU | 3,105 (83.2%) |
| Renter Occupied HU | 400 (10.7%) |
| Vacant Housing Units | 229 ( 6.1%) |
| Median Home Value | $343,705 |
| Average Home Value | $385,103 |
Housing Distribution
Address Breakdown
Residential
3,701
Single Family
3,606
Multi-Family
95
Businesses
256
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Listed by: Jarvis Sanders • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #188371