6943 Old 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
Investment property for sale in Fairview at 6943 Old Ridge Rd, Fairview, PA, 16415 listed at $169,000 pairs $1,276/mo rent with a $827/mo payment to leave $169/mo cash flow. Total monthly income runs $1,276/mo, and annual cash flow reaches $2,025/yr on $56,024 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 9.06% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 122.73% and total cumulative return in cash totals $68,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,276/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.43 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: Kelly Simonsen • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #184464
Disclaimer: IDX 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.