29 Devon RdChurchvillePA18966
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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 Churchville at 29 Devon Rd, Churchville, PA, 18966 offers $4,667/mo rent that, after a $3,010/mo payment, leaves $637/mo cash flow. Total monthly income is $4,667/mo, and annual cash flow is $7,645/yr on $202,335 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 9.11% at a $615,000 entry. Equity gained on principal adds $3,969/yr while 5% annual appreciation compounds into $169,913 by year five. Five-year ROI records 124.37% and total cumulative return in cash reaches $251,645. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,667/mo property income versus a $3,010/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18966, Southampton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,720 (100%) |
| Owner Occupied HU | 12,534 (85.1%) |
| Renter Occupied HU | 1,630 (11.1%) |
| Vacant Housing Units | 556 ( 3.8%) |
| Median Home Value | $541,308 |
| Average Home Value | $584,219 |
Housing Distribution
Address Breakdown
Residential
14,432
Single Family
13,699
Multi-Family
733
Businesses
1,184
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Listed by: Lauren Mehaffey • Iron Valley Real Estate Doylestown
Mls Name: Bright MLS
Mls ID: #PABU2095572