877 Evergreen DrRidgwayPA15853
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
Investment property for sale in Ridgway at 877 Evergreen Dr, Ridgway, PA, 15853 listed at $679,900 pairs $1,921/mo rent with a $3,328/mo payment. Total monthly income runs $1,921/mo. Return on cash invested measures 6.46% in year one, and rental yield registers 3.39% at a $679,900 basis. Equity gained on principal adds $4,387/yr, and annual property appreciation at 5% supports $187,844 by year five. Five-year ROI tracks 31.19% and total cumulative return in cash totals $69,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,921/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
5 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Brazinski • Anderson & Kime Realty Services Inc
Mls Name: ECBR
Mls ID: #25-54
Disclaimer: Copyright Elk Cameron Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.