17 Averstone Dr E #EWashington CrossingPA18977
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
Investment Highlights
Investment property for sale in Washington Crossing at 17 Averstone Dr E #E, Washington Crossing, PA, 18977 uses $263,167 cash to close to unlock $16,302/yr annual cash flow and $1,359/mo monthly cash flow. Total monthly income runs $6,600/mo, and a $3,915/mo payment keeps the spread at $1,359/mo. Purchase price stands at $799,900, and rental yield measures 9.9% with $6,600/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 137.32% and total cumulative return in cash records $361,392. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,600/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18977, Washington Crossing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,793 (100%) |
| Owner Occupied HU | 1,615 (90.1%) |
| Renter Occupied HU | 105 ( 5.9%) |
| Vacant Housing Units | 73 ( 4.1%) |
| Median Home Value | $826,323 |
| Average Home Value | $916,774 |
Housing Distribution
Address Breakdown
Residential
1,708
Single Family
1,708
Multi-Family
0
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel McCloskey • RE/MAX Properties - Newtown
Mls Name: Bright MLS
Mls ID: #PABU2108132