7715 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
Investment property for sale in Fairview at 7715 W Ridge Rd, Fairview, PA, 16415 uses $72,599 cash to close to unlock $5,746/yr annual cash flow and $479/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,072/mo payment keeps the spread at $479/mo. Purchase price stands at $219,000, and rental yield measures 10.49% with $1,914/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash records $105,813. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1947
1.30 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: Shannon Kincade • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #181942
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.