1657 River RdDamascusPA18415
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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 Damascus at 1657 River Rd, Damascus, PA, 18415 offers a 2.53% rental yield on a $1,195,000 purchase with $2,516/mo rent. 9% in year one. Equity gained on principal adds $7,711/yr while 5% annual appreciation supports $330,156 over five years. Portfolio math shows five-year ROI at 17.38% and total cumulative return in cash at $67,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,516/mo property income against a $5,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18415, Damascus, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 491 (52.9%) |
| Renter Occupied HU | 86 ( 9.3%) |
| Vacant Housing Units | 351 (37.8%) |
| Median Home Value | $363,103 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
35
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Listed by: Barry Becker • Keller Williams Realty Hudson Valley United
Mls Name: PWAR
Mls ID: #PW253077