118 Althea Ave, Morrisville, PA, 19067 | $101/mo Cash Flow

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118 Althea Ave, Morrisville, PA, 19067 | $101/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Morrisville at 118 Althea Ave, Morrisville, PA, 19067 generates $2,886/mo in rent and, after a $2,080/mo payment, leaves $101/mo in cash flow. Total monthly income is $2,886/mo, and annual cash flow is $1,215/yr on $140,888 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.15% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash sums $152,117. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,886/mo property income rather than buyer’s personal income.

Single Family

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 118 Althea Avenue, a charming Cape Cod nestled in the heart of Morrisville Boro. Bursting with character and potential, this 4-bedroom, 1.5-bath home offers a versatile layout and plenty of inviting spaces for everyday living and entertaining. Step inside to find a warm and welcoming kitchen featuring an abundance of natural wood cabinetry, classic black appliances including a wall oven and adjacent cooktop, and ample counter space for meal preparation. A large pass-through window opens to the adjacent living area, creating a more connected feel between the rooms. A door off the kitchen leads directly into the sunroom, where two skylights flood the space with natural lightperfect for enjoying your morning coffee or relaxing with a good book. The main level offers two bedrooms and a full bathroom, while the upper level provides two additional bedrooms and ample closet space, accommodating a variety of living arrangements. The partially finished basement adds even more versatility, complete with a cozy wood-burning stove and a built-in bar, making it an ideal space for gatherings, hobbies, or simply unwinding by the fire. Outdoors, youll find a generous yard with space for gardening, entertaining, or play. This home combines original charm with thoughtful updates, providing the perfect opportunity for its next owner to move in and make it their own. Conveniently located near shopping, restaurants, parks, and major commuting routes, 118 Althea Avenue is a true gem with endless potential.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19067, Morrisville, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,982 (100%)
Owner Occupied HU	16,086 (73.2%)
Renter Occupied HU	4,963 (22.6%)
Vacant Housing Units	933 ( 4.2%)
Median Home Value	$553,399
Average Home Value	$571,213