296 Prospect AveDowningtownPA19335








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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 Downingtown at 296 Prospect Ave, Downingtown, PA, 19335 with 5% annual appreciation on a $575,000 basis while $3,895/mo rent supports operations. Total monthly income totals $3,895/mo and a $2,814/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,530/yr on $189,175 deployed, and return on cash invested reaches 20.87% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 8.13%. Five-year ROI measures 108.44% and total cumulative return in cash totals $205,139.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,895/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.44 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-11-04 | Listed for sale | $575,000 |
| 2024-10-31 | Contingent | $575,000 |
| 2024-10-17 | Price change | $575,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $8204.81 | 2.45% | $196,480 | N/A |
| 2022-11-13 | $8008.33 | 2.08% | $196,480 | N/A |
| 2021-11-13 | $7844.86 | 259.09% | $196,480 | N/A |
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2004
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: 2,306 sqft
- Property Condition: Very Good
Features & Amenities
- Heating: Heat Pump, Heat Pump - Gas BackUp, Electric
- Cooling: Central A/C, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: Rain Gutters
- Parking Features: Additional Storage Area, Garage Faces Side, Garage Door Opener, Inside Entrance, Attached Garage, Driveway
Location
- City: Downingtown
- State: PA
- Subdivision: Valley View
- Lot Size: 0.44 Acres
- Lot Features: N/A
- View: Garden, Trees/Woods
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Bradford Heights
- Middle School: Downingtown
- High School: Downingtown High School West Campus
Listed by: Audrey Autieri • RE/MAX Professional Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PACT2069770
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. [Click here for more information](/info/mls-disclaimers/#mls_5632)







