117 Ironwood CtDenverPA17517
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
Rental property for sale in Denver at 117 Ironwood Ct, Denver, PA, 17517 offers $2,345/mo rent that, after a $1,432/mo payment, leaves $428/mo cash flow. Total monthly income is $2,345/mo, and annual cash flow is $5,135/yr on $96,964 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 9.62% at a $292,500 entry. Equity gained on principal adds $1,887/yr while 5% annual appreciation compounds into $80,812 by year five. Five-year ROI records 131.71% and total cumulative return in cash reaches $127,713. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,345/mo property income versus a $1,432/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17517, Denver, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,228 (100%) |
| Owner Occupied HU | 4,956 (79.6%) |
| Renter Occupied HU | 1,039 (16.7%) |
| Vacant Housing Units | 233 ( 3.7%) |
| Median Home Value | $343,894 |
| Average Home Value | $388,168 |
Housing Distribution
Address Breakdown
Residential
5,955
Single Family
5,948
Multi-Family
7
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Padovani • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PALA2076492