2 Heather CtNewtownPA18940
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
Rental property for sale in Newtown at 2 Heather Ct, Newtown, PA, 18940 offers $2,975/mo rent that, after a $2,007/mo payment, leaves $288/mo cash flow. Total monthly income is $2,975/mo, and annual cash flow is $3,457/yr on $135,915 cash. Return on cash invested measures 22.45% in year one, and rental yield stands at 8.71% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 116.98% and total cumulative return in cash reaches $158,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,975/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18940, Newtown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,886 (100%) |
| Owner Occupied HU | 9,819 (82.6%) |
| Renter Occupied HU | 1,704 (14.3%) |
| Vacant Housing Units | 363 ( 3.1%) |
| Median Home Value | $710,881 |
| Average Home Value | $765,885 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
11,543
Multi-Family
203
Businesses
1,167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Santina Mannino • Keller Williams Real Estate-Langhorne
Mls Name: Bright MLS
Mls ID: #PABU2111370