238 Pennland Farm DrPerkasiePA18944
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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 Pennland Farm Dr, Perkasie, PA, 18944 generates $3,187/mo in rent, after a $2,814/mo payment. Total monthly income is $3,187/mo. Return on cash invested sits at 16.38% in year one, and rental yield is 6.65% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 84.36% and total cumulative return in cash sums $159,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,187/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
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: Kevin Illg • Innovate Real Estate
Mls Name: Bright MLS
Mls ID: #PABU2112168