2585 River RdDamascusPA18415
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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 Damascus at 2585 River Rd, Damascus, PA, 18415 generates $2,936/mo in rent, after a $3,891/mo payment. Total monthly income is $2,936/mo. Return on cash invested sits at 9.63% in year one, and rental yield is 4.43% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 48.17% and total cumulative return in cash sums $125,986. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18415, Damascus, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 491 (52.9%) |
| Renter Occupied HU | 86 ( 9.3%) |
| Vacant Housing Units | 351 (37.8%) |
| Median Home Value | $363,103 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
35
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Listed by: Barry Becker • Keller Williams Realty Hudson Valley United
Mls Name: PWAR
Mls ID: #PW242965