232 Old Forge Xing, Devon, PA, 19333 | $616/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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232 Old Forge Xing, Devon, PA, 19333 | $616/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Devon at 232 Old Forge Xing, Devon, PA, 19333 uses $99,450 cash to close to unlock $7,386/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $2,581/mo, and a $1,468/mo payment keeps the spread at $616/mo. Purchase price stands at $300,000, and rental yield measures 10.32% with $2,581/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 143.17% and total cumulative return in cash records $142,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,581/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Unbeatable Convenience & Single-Level Living in Old Forge Crossing. Welcome to effortless living in this first-floor, two-bedroom, two-bathroom condo. Designed for ultimate convenience, this one-level home offers parking near your door, eliminating extra steps and long walks. The interior boasts a spacious, combined living and dining area. The kitchen has a gas stove, a pantry, and an extended workspace that looks out into the main living room, perfect for entertaining. A large walk-in closet for extra storage is off the hallway leading to the bedrooms. The hall bath has a tub and a shower, and contains the laundry room with a full-size washer and dryer. The primary suite features a private bathroom with a stall shower and a generous walk-in closet. The second bedroom has ample closet space. Windows have been replaced. The HVAC system was installed in March 2021, last serviced on 9/18/2025, and the roof was installed in 2022. The condo fee includes gas for cooking, the dryer, and hot water. It also includes the use of the pool, tennis, snow removal, and lawn care. Dogs are not allowed as pets; only cats are allowed, and they are limited to two. This award-winning and well-run condominium community has plenty to offer residents; enjoy time at the community pool or a game of tennis on one of the two courts. This development is situated on forty beautifully landscaped acres featuring a reflection pond and walking paths. Like to bike or enjoy long walks? OFC provides private access to the Chester Valley Trail. There is a short commute to the Devon train station (R5) and bus routes to the city, 202 the turnpike, as well as major corporate centers, health clubs, and shopping centers, especially Trader Joe's, Whole Foods, Wegmans, and the King of Prussia Mall.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19333, Devon, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,067 (100%)
Owner Occupied HU	1,952 (63.6%)
Renter Occupied HU	960 (31.3%)
Vacant Housing Units	155 ( 5.1%)
Median Home Value	$857,765
Average Home Value	$977,757