117 Concord DrHerefordPA18056
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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 Hereford at 117 Concord Dr, Hereford, PA, 18056 offers a 9.29% rental yield on a $164,890 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $807/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,359/yr on $54,661 to close, and return on cash invested stands at 24.22% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,556 over five years. Portfolio math shows five-year ROI at 126.5% and total cumulative return in cash at $69,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18056, Hereford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 259 (80.9%) |
| Renter Occupied HU | 48 (15.0%) |
| Vacant Housing Units | 13 ( 4.1%) |
| Median Home Value | $168,750 |
| Average Home Value | $277,056 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
24
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Listed by: Irene Donovan • Berks Properties, Inc
Mls Name: Bright MLS
Mls ID: #PABK2065464