232 Old Forge XingDevonPA19333
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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 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
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 |
Housing Distribution
Address Breakdown
Residential
3,175
Single Family
3,070
Multi-Family
105
Businesses
279
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Listed by: Mark Sweeney • Keller Williams Realty Devon-Wayne
Mls Name: Bright MLS
Mls ID: #PACT2112118