236 Steeplechase DrElversonPA19520
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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 Elverson at 236 Steeplechase Dr, Elverson, PA, 19520 offers a 9.62% rental yield on a $395,000 purchase with $3,168/mo rent. Total monthly income registers $3,168/mo, and a $1,933/mo payment leaves $580/mo available for distribution. Annual cash flow reaches $6,960/yr on $130,943 to close, and return on cash invested stands at 25.22% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 131.81% and total cumulative return in cash at $172,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,168/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
3,195 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19520, Elverson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,743 (100%) |
| Owner Occupied HU | 2,227 (81.2%) |
| Renter Occupied HU | 390 (14.2%) |
| Vacant Housing Units | 126 ( 4.6%) |
| Median Home Value | $477,556 |
| Average Home Value | $565,699 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,280
Multi-Family
110
Businesses
196
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Listed by: Esther Prosser • Stoltzfus Realtors
Mls Name: Bright MLS
Mls ID: #PACT2107768