13 Clovedale Way, Souderton, PA, 18964 | $544/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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13 Clovedale Way, Souderton, PA, 18964 | $544/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 Souderton at 13 Clovedale Way, Souderton, PA, 18964 offers $1,920/mo rent that, after a $1,028/mo payment, leaves $544/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $6,525/yr on $69,615 cash. Return on cash invested measures 29.28% in year one, and rental yield stands at 10.97% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 153.59% and total cumulative return in cash reaches $106,924. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1992

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautiful ranch style manufactured home in desirable community. Here's your chance to call Hidden Springs your home. Step onto the covered porch enter through the door and the first thing you'll appreciate is the remodeled LFV hardwood style flooring and the bright spacious open floor plan for the living room and dining room. The cathedral ceiling makes this feel even more spacious. On your right you'll see the immaculately clean and large eat-in kitchen. Newer appliances means you don't need to remodel until you want to. The dining room has sliders to the newer deck which flood the room with warm natural light. The living room is also bathed in natural light from the windows. The master or primary room is surprisingly large with its own master bath with stall shower and separate room for the commode. Here too you'll enjoy the natural light from the previous owner adding a skylight. The 2nd bedroom is good sized and can have a multiple of uses. The hall bathroom has a tub and is immaculately clean. You can keep it the way it is or put ceramic tile. The laundry room also serves as a utility room and mud room with the exit to the deck. This beautiful home sits on a brand new foundation which is not the case with the available competition. There is a community pool included in the ground rent fee. Showings start Friday 11-28

Neighborhood Data

Neighborhood data shown for ZIP Code: 18964, Souderton, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,159 (100%)
Owner Occupied HU	4,337 (70.4%)
Renter Occupied HU	1,609 (26.1%)
Vacant Housing Units	213 ( 3.5%)
Median Home Value	$419,058
Average Home Value	$454,930