204 Ridings CirMacungiePA18062
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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
Rental property for sale in Macungie at 204 Ridings Cir, Macungie, PA, 18062 generates $2,299/mo in rent, after a $1,908/mo payment. Total monthly income is $2,299/mo. Return on cash invested sits at 17.54% in year one, and rental yield is 7.08% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 90.61% and total cumulative return in cash sums $117,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,299/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18062, Macungie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,451 (100%) |
| Owner Occupied HU | 8,248 (78.9%) |
| Renter Occupied HU | 1,915 (18.3%) |
| Vacant Housing Units | 288 ( 2.8%) |
| Median Home Value | $439,613 |
| Average Home Value | $459,481 |
Housing Distribution
Address Breakdown
Residential
10,255
Single Family
9,916
Multi-Family
339
Businesses
267
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Listed by: Joyce R. Folsom • RE/MAX Central - Allentown
Mls Name: GLVR
Mls ID: #767130