104 Equestrian 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
Rental property for sale in New Hope at 104 Equestrian Dr, New Hope, PA, 18938 priced at $875,000 pairs $6,012/mo rent with $278/mo cash flow after a $4,283/mo payment. Total monthly income equals $6,012/mo, and annual cash flow comes to $3,336/yr on $287,875 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 8.25% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 110.31% and total cumulative return in cash reaches $317,543. For financing, Ziffy Mortgage’s DSCR program evaluates $6,012/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.44 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: Sue Thomas • Keller Williams Real Estate-Doylestown
Mls Name: Bright MLS
Mls ID: #PABU2099946