1657 River RdDamascusPA18415
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.53% gross rental yield, 1657 River Rd, Damascus, PA, 18415 in Damascus is priced for capital growth, not immediate cash flow. The $1,195,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $330,156 by year five, with $11,006/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.47) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $113,071.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 6.2% |
| Monthly Cash Flow | $(5,314) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,516 |
| Total Monthly Debt Service | $7,355 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barry Becker • Keller Williams Realty Hudson Valley United
Mls Name: PWAR
Mls ID: #PW253077