242 Seneca StLesterPA19029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lester at 242 Seneca St, Lester, PA, 19029 offers a 8.61% rental yield on a $250,000 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $1,224/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,865/yr on $82,875 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 115.43% and total cumulative return in cash at $95,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19029, Essington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,888 (100%) |
| Owner Occupied HU | 1,146 (60.7%) |
| Renter Occupied HU | 577 (30.6%) |
| Vacant Housing Units | 165 ( 8.7%) |
| Median Home Value | $231,589 |
| Average Home Value | $273,103 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,769
Multi-Family
62
Businesses
241
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Listed by: Stephen Tallon • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #PADE2105356