705 Sheep Ridge RdSomersetPA15501
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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 Somerset at 705 Sheep Ridge Rd, Somerset, PA, 15501 priced at $480,000 converts $1,080/mo rent into after a $2,349/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 4.34% in year one, and rental yield reads 2.7% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 19.79% and total cumulative return in cash sums $31,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2017
4.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
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Listed by: Sarah Mazurkiewicz • HOWARD HANNA BARDELL REALTY
Mls Name: WPMLS
Mls ID: #1736103