238 Allem LnPerkasiePA18944
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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 Perkasie at 238 Allem Ln, Perkasie, PA, 18944 offers $2,244/mo rent that, after a $1,273/mo payment, leaves $540/mo cash flow. Total monthly income is $2,244/mo, and annual cash flow is $6,478/yr on $86,190 cash. Return on cash invested measures 27.43% in year one, and rental yield stands at 10.36% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 143.63% and total cumulative return in cash reaches $123,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,244/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18944, Perkasie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,335 (100%) |
| Owner Occupied HU | 8,078 (78.2%) |
| Renter Occupied HU | 1,941 (18.8%) |
| Vacant Housing Units | 316 ( 3.1%) |
| Median Home Value | $496,591 |
| Average Home Value | $564,677 |
Housing Distribution
Address Breakdown
Residential
9,975
Single Family
9,757
Multi-Family
218
Businesses
388
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Listed by: Barb Matty Matyszczak • RE/MAX 440 - Doylestown
Mls Name: Bright MLS
Mls ID: #PABU2110198