2929 Honeymead RdDowningtownPA19335
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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 Downingtown at 2929 Honeymead Rd, Downingtown, PA, 19335 earns from $3,893/mo rent with a $2,638/mo payment. Total monthly income totals $3,893/mo. ROI tracks 19.3% on current figures, and rental yield reads 8.67% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 101.18% and total cumulative return in cash sums $179,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,893/mo property income instead of your personal income.
Single Family
Built in 2007
10,653 sqft lot
$N/A/sqft
$112 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19335, Downingtown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,551 (100%) |
| Owner Occupied HU | 16,583 (76.9%) |
| Renter Occupied HU | 4,102 (19.0%) |
| Vacant Housing Units | 866 ( 4.0%) |
| Median Home Value | $537,208 |
| Average Home Value | $576,669 |
Housing Distribution
Address Breakdown
Residential
20,608
Single Family
19,325
Multi-Family
1,283
Businesses
973
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Price change | $539,000 |
| 2025-01-31 | Listed for sale | $549,000 |
| 2007-10-18 | Sold | $372,197 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-17 | $12373.98 | 2.96% | $233,370 | N/A |
| 2023-02-17 | $12018.09 | 1.18% | $233,370 | N/A |
| 2022-02-17 | $11878.07 | 5.38% | $233,370 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2007
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: 3,245 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central A/C, Electric
- Flooring: Hardwood, Carpet
- Interior Features: Ceiling Fan(s), Dining Area, Open Floorplan, Family Room Off Kitchen, Kitchen Island
- Exterior Features: N/A
- Parking Features: Garage Faces Front, Attached Garage
Location
- City: Downingtown
- State: PA
- Subdivision: Reserve At Bailey St
- Lot Size: 10,653 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $112 monthly
- Association Fee: $112 monthly
- Fees & Dues: N/A
- Association Amenities: Jogging Path
- Association Fee Includes: Common Area Maintenance, Snow Removal
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Kevin Houghton • KW Greater West Chester
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PACT2090514
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