161 Equestrian DrNew HopePA18938
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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 New Hope at 161 Equestrian Dr, New Hope, PA, 18938 with 5% annual appreciation on a $874,900 basis while $5,874/mo rent supports operations. Total monthly income totals $5,874/mo and a $4,282/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,694/yr on $287,842 deployed, and return on cash invested reaches 20.65% in year one. Equity gained on principal adds $5,646/yr, and five-year appreciation sums $241,719 alongside rental yield of 8.06%. Five-year ROI measures 107.27% and total cumulative return in cash totals $308,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,874/mo property income versus a $4,282/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
10,267 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18938, New Hope, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,917 (100%) |
| Owner Occupied HU | 5,378 (77.8%) |
| Renter Occupied HU | 1,040 (15.0%) |
| Vacant Housing Units | 499 ( 7.2%) |
| Median Home Value | $811,694 |
| Average Home Value | $924,487 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,007
Multi-Family
164
Businesses
565
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Listed by: John Spognardi • RE/MAX Signature
Mls Name: Bright MLS
Mls ID: #PABU2112694