101 Walnut AveMorrisvillePA19067
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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 Morrisville at 101 Walnut Ave, Morrisville, PA, 19067 priced at $625,000 converts $3,768/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,768/mo. Return on cash invested prints 18.15% in year one, and rental yield reads 7.23% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 93.86% and total cumulative return in cash sums $192,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,768/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1950
9,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19067, Morrisville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,982 (100%) |
| Owner Occupied HU | 16,086 (73.2%) |
| Renter Occupied HU | 4,963 (22.6%) |
| Vacant Housing Units | 933 ( 4.2%) |
| Median Home Value | $553,399 |
| Average Home Value | $571,213 |
Housing Distribution
Address Breakdown
Residential
21,629
Single Family
21,119
Multi-Family
510
Businesses
1,504
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Listed by: Chris Durante • HomeSmart Realty Advisors
Mls Name: Bright MLS
Mls ID: #PABU2111108