128 Progress DrDoylestownPA18901
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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 Doylestown at 128 Progress Dr, Doylestown, PA, 18901 generates $2,461/mo in rent, after a $2,491/mo payment. Total monthly income is $2,461/mo. Return on cash invested sits at 13.8% in year one, and rental yield is 5.8% on a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 70.51% and total cumulative return in cash sums $118,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,461/mo property income rather than buyer’s personal income.
Townhouse
Built in 1994
3,952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18901, Doylestown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,001 (100%) |
| Owner Occupied HU | 8,045 (67.0%) |
| Renter Occupied HU | 3,397 (28.3%) |
| Vacant Housing Units | 559 ( 4.7%) |
| Median Home Value | $627,675 |
| Average Home Value | $673,434 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
9,878
Multi-Family
2,116
Businesses
1,814
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Listed by: Earl Caffrey • Innovate Real Estate
Mls Name: Bright MLS
Mls ID: #PABU2104378