119-121 Fern WaySouth Abington TownshipPA18411
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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
Investment property for sale in South Abington Township at 119-121 Fern Way, South Abington Township, PA, 18411 offers a 10.6% rental yield on a $375,000 purchase with $3,311/mo rent. Total monthly income registers $3,311/mo, and a $1,835/mo payment leaves $854/mo available for distribution. Annual cash flow reaches $10,249/yr on $124,313 to close, and return on cash invested stands at 28.15% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 147.56% and total cumulative return in cash at $183,435. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,311/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Mark Colarossi • ERA One Source Realty
Mls Name: GSBR
Mls ID: #SC253110