8 South StRidgwayPA15853
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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 Ridgway at 8 South St, Ridgway, PA, 15853 earns $259/mo cash flow from $1,405/mo rent with a $856/mo payment. Total monthly income totals $1,405/mo, and annual cash flow totals $3,107/yr on $57,979 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.64% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 132.05% and total cumulative return in cash sums $76,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,405/mo property income instead of your personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15853, Ridgway, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,490 (100%) |
| Owner Occupied HU | 2,073 (59.4%) |
| Renter Occupied HU | 684 (19.6%) |
| Vacant Housing Units | 733 (21.0%) |
| Median Home Value | $135,560 |
| Average Home Value | $186,295 |
Housing Distribution
Address Breakdown
Residential
2,902
Single Family
2,763
Multi-Family
139
Businesses
314
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Nearby investment properties with comparable prices
Listed by: Ben Kmetz • Elk County Real Estate
Mls Name: ECBR
Mls ID: #25-244
Disclaimer: Copyright Elk Cameron Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.