242 S Sugan Rd #244-SNew HopePA18938
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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 New Hope at 242 S Sugan Rd #244-S, New Hope, PA, 18938 listed at $1,178,900 pairs $0/mo rent with a $5,770/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.9% in year one, and rental yield registers 0% at a $1,178,900 basis. Equity gained on principal adds $7,607/yr, and annual property appreciation at 5% supports $325,708 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $5,770/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18938, New Hope, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,917 (100%) |
| Owner Occupied HU | 5,378 (77.8%) |
| Renter Occupied HU | 1,040 (15.0%) |
| Vacant Housing Units | 499 ( 7.2%) |
| Median Home Value | $811,694 |
| Average Home Value | $924,487 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,007
Multi-Family
164
Businesses
565
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No similar rental properties found nearby.
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Listed by: N/A • N/A
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Mls ID: #N/A