8017 Meadowridge DrChampionPA15622
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Champion at 8017 Meadowridge Dr, Champion, PA, 15622 priced at $467,000 converts $3,781/mo rent into $307/mo cash flow after a $2,286/mo obligation. Total monthly income equals $3,781/mo, and annual cash flow totals $3,679/yr on $154,811 invested. Return on cash invested prints 22.29% in year one, and rental yield reads 9.72% against a $467,000 entry. Equity gained on principal adds $3,013/yr, while 5% annual appreciation compiles into $129,023 by year five. Five-year ROI reaches 117.23% and total cumulative return in cash sums $181,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,781/mo property income covering a $2,286/mo payment, not borrower’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
$414 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15622, Champion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 371 (21.2%) |
| Renter Occupied HU | 75 ( 4.3%) |
| Vacant Housing Units | 1,308 (74.6%) |
| Median Home Value | $267,969 |
| Average Home Value | $327,049 |
Housing Distribution
Address Breakdown
Residential
570
Single Family
555
Multi-Family
15
Businesses
33
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Listed by: Erin Mikolich • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1649035
Disclaimer: Listing 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.