275 Old Forge XingDevonPA19333
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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 Devon at 275 Old Forge Xing, Devon, PA, 19333 offers a 10.02% rental yield on a $260,000 purchase with $2,172/mo rent. Total monthly income registers $2,172/mo, and a $1,273/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,614/yr on $86,190 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 138.25% and total cumulative return in cash at $119,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,172/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19333, Devon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,067 (100%) |
| Owner Occupied HU | 1,952 (63.6%) |
| Renter Occupied HU | 960 (31.3%) |
| Vacant Housing Units | 155 ( 5.1%) |
| Median Home Value | $857,765 |
| Average Home Value | $977,757 |
Housing Distribution
Address Breakdown
Residential
3,175
Single Family
3,070
Multi-Family
105
Businesses
279
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Listed by: Mark Sweeney • Keller Williams Realty Devon-Wayne
Mls Name: Bright MLS
Mls ID: #PACT2114532