1901 Summit AveCroydonPA19021
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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 Croydon at 1901 Summit Ave, Croydon, PA, 19021 offers a 10.86% rental yield on a $350,000 purchase with $3,167/mo rent. Total monthly income registers $3,167/mo, and a $1,713/mo payment leaves $874/mo available for distribution. Annual cash flow reaches $10,483/yr on $116,025 to close, and return on cash invested stands at 28.94% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 151.78% and total cumulative return in cash at $176,102. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,167/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,784 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19021, Croydon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,000 (100%) |
| Owner Occupied HU | 2,721 (68.0%) |
| Renter Occupied HU | 1,139 (28.5%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $312,543 |
| Average Home Value | $401,799 |
Housing Distribution
Address Breakdown
Residential
3,962
Single Family
3,252
Multi-Family
710
Businesses
260
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Listed by: Kenny Oberholtzer • Keller Williams Real Estate-Langhorne
Mls Name: Bright MLS
Mls ID: #PABU2106742