LOT-11L Ridge RdNewfoundlandPA18445
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 Newfoundland at LOT-11L Ridge Rd, Newfoundland, PA, 18445 generates $2,563/mo in rent, after a $1,894/mo payment. Total monthly income is $2,563/mo. Return on cash invested sits at 19.65% in year one, and rental yield is 7.95% on a $386,900 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation builds toward $106,893 over five years. Five-year ROI reaches 102.15% and total cumulative return in cash sums $131,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,563/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.41 Acres lot
$N/A/sqft
$656 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa G Vukovic • Weichert Realtors - Easton
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-110404
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.