1308 Morris CtNorth WalesPA19454
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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 North Wales at 1308 Morris Ct, North Wales, PA, 19454 generates $2,246/mo in rent and, after a $1,297/mo payment, leaves $510/mo in cash flow. Total monthly income is $2,246/mo, and annual cash flow is $6,114/yr on $87,848 invested. Return on cash invested sits at 26.87% in year one, and rental yield is 10.17% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 140.66% and total cumulative return in cash sums $123,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,246/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19454, North Wales, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,910 (100%) |
| Owner Occupied HU | 9,061 (76.1%) |
| Renter Occupied HU | 2,426 (20.4%) |
| Vacant Housing Units | 423 ( 3.6%) |
| Median Home Value | $493,452 |
| Average Home Value | $523,385 |
Housing Distribution
Address Breakdown
Residential
11,600
Single Family
11,250
Multi-Family
350
Businesses
716
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Listed by: Lisa Tartaglia • Silverstone Real Estate LLC
Mls Name: Bright MLS
Mls ID: #PAMC2159150