102 Chesapeake DrNewtownPA18940
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 Newtown at 102 Chesapeake Dr, Newtown, PA, 18940 offers a 8.94% rental yield on a $435,000 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $2,129/mo payment leaves $389/mo available for distribution. Annual cash flow reaches $4,663/yr on $144,203 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 120.66% and total cumulative return in cash at $174,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1978
4,085 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18940, Newtown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,886 (100%) |
| Owner Occupied HU | 9,819 (82.6%) |
| Renter Occupied HU | 1,704 (14.3%) |
| Vacant Housing Units | 363 ( 3.1%) |
| Median Home Value | $710,881 |
| Average Home Value | $765,885 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
11,543
Multi-Family
203
Businesses
1,167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Lublin • Century 21 Advantage Gold-Southampton
Mls Name: Bright MLS
Mls ID: #PABU2111068