928 Old Ridge RdAvellaPA15312
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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 Avella at 928 Old Ridge Rd, Avella, PA, 15312 generates $1,522/mo in rent, after a $1,444/mo payment. Total monthly income is $1,522/mo. Return on cash invested sits at 14.86% in year one, and rental yield is 6.19% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 76.25% and total cumulative return in cash sums $74,570. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,522/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15312, Avella, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,561 (100%) |
| Owner Occupied HU | 1,183 (75.8%) |
| Renter Occupied HU | 201 (12.9%) |
| Vacant Housing Units | 177 (11.3%) |
| Median Home Value | $304,696 |
| Average Home Value | $365,938 |
Housing Distribution
Address Breakdown
Residential
1,387
Single Family
1,387
Multi-Family
0
Businesses
53
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Listed by: Melissa Dryer • Keller Williams Realty
Mls Name: WPMLS
Mls ID: #1713376