1748 Cochecton TpkeDamascusPA18415
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 Damascus at 1748 Cochecton Tpke, Damascus, PA, 18415 offers a 8.9% rental yield on a $269,900 purchase with $2,002/mo rent. Total monthly income registers $2,002/mo, and a $1,321/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,801/yr on $89,472 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 120.14% and total cumulative return in cash at $107,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,002/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.10 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: Bill O'Neill • RE/MAX WAYNE
Mls Name: PWAR
Mls Provider:
Mls ID: #PW240258
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.