1520 Lexington WayMorgantownPA19543
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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 Morgantown at 1520 Lexington Way, Morgantown, PA, 19543 uses $122,622 cash to close to unlock $3,643/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $2,727/mo, and a $1,810/mo payment keeps the spread at $304/mo. Purchase price stands at $369,900, and rental yield measures 8.85% with $2,727/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash records $146,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,727/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19543, Morgantown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,735 (80.1%) |
| Renter Occupied HU | 367 (17.0%) |
| Vacant Housing Units | 63 ( 2.9%) |
| Median Home Value | $356,599 |
| Average Home Value | $395,824 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,087
Multi-Family
0
Businesses
219
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Listed by: Dan Larson • Keller Williams Real Estate -Exton
Mls Name: Bright MLS
Mls ID: #PABK2061254