102 Steeplechase DrNorth WalesPA19454
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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 North Wales at 102 Steeplechase Dr, North Wales, PA, 19454 offers $3,480/mo rent that, after a $2,423/mo payment, leaves $236/mo cash flow. Total monthly income is $3,480/mo, and annual cash flow is $2,833/yr on $164,093 cash. Return on cash invested measures 21.64% in year one, and rental yield stands at 8.44% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 112.6% and total cumulative return in cash reaches $184,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,480/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19454, North Wales, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,910 (100%) |
| Owner Occupied HU | 9,061 (76.1%) |
| Renter Occupied HU | 2,426 (20.4%) |
| Vacant Housing Units | 423 ( 3.6%) |
| Median Home Value | $493,452 |
| Average Home Value | $523,385 |
Housing Distribution
Address Breakdown
Residential
11,600
Single Family
11,250
Multi-Family
350
Businesses
716
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Listed by: Frank Jackson • Keller Williams Main Line
Mls Name: Bright MLS
Mls ID: #PAMC2165146