7 Ridgemead Fields DrVeronaPA15147
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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 Verona at 7 Ridgemead Fields Dr, Verona, PA, 15147 priced at $239,900 pairs $2,217/mo rent with $224/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,217/mo, and annual cash flow comes to $2,683/yr on $79,527 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 11.09% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 123.74% and total cumulative return in cash reaches $98,407. For financing, Ziffy Mortgage’s DSCR program evaluates $2,217/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
797.15 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15147, Verona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,596 (63.6%) |
| Renter Occupied HU | 2,318 (26.3%) |
| Vacant Housing Units | 887 (10.1%) |
| Median Home Value | $172,315 |
| Average Home Value | $256,875 |
Housing Distribution
Address Breakdown
Residential
8,088
Single Family
7,172
Multi-Family
916
Businesses
365
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Listed by: Lori Hummel • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702872
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.