10 Lenape DrNew HopePA18938
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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 New Hope at 10 Lenape Dr, New Hope, PA, 18938 earns $46/mo cash flow from $6,401/mo rent with a $4,747/mo payment. Total monthly income totals $6,401/mo, and annual cash flow totals $547/yr on $319,097 capital. ROI tracks 20.23% on current figures, and rental yield reads 7.92% at a $969,900 purchase. Equity gained on principal adds $6,259/yr, and 5% annual appreciation supports $267,965 over five years. Five-year ROI reaches 105.02% and total cumulative return in cash sums $335,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,401/mo property income instead of your personal income.
Single Family
Built in 1999
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18938, New Hope, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,917 (100%) |
| Owner Occupied HU | 5,378 (77.8%) |
| Renter Occupied HU | 1,040 (15.0%) |
| Vacant Housing Units | 499 ( 7.2%) |
| Median Home Value | $811,694 |
| Average Home Value | $924,487 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,007
Multi-Family
164
Businesses
565
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Listed by: Chris Carr • HomeZu
Mls Name: Bright MLS
Mls ID: #PABU2102198