2970 Merion DrCenter ValleyPA18034
Nearby investment properties with comparable rents
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
Total monthly income runs $5,460/mo, and a $6,363/mo payment. Purchase price stands at $1,299,990, and rental yield measures 5.04% with $5,460/mo rent. Return on cash invested shows 11.37% in year one, and 5% annual appreciation builds toward $359,163 over five years. Five-year ROI reaches 57.55% and total cumulative return in cash records $242,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,460/mo property income covering a $6,363/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.53 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18034, Center Valley, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,907 (100%) |
| Owner Occupied HU | 2,564 (88.2%) |
| Renter Occupied HU | 240 ( 8.3%) |
| Vacant Housing Units | 103 ( 3.5%) |
| Median Home Value | $544,809 |
| Average Home Value | $590,283 |
Housing Distribution
Address Breakdown
Residential
3,258
Single Family
3,231
Multi-Family
27
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marissa Burkholder • BHHS Fox & Roach - Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #747558
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.