305 Barrington CtPalmyraPA17078
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
Rental property for sale in Palmyra at 305 Barrington Ct, Palmyra, PA, 17078 priced at $235,900 converts $2,074/mo rent into $528/mo cash flow after a $1,155/mo obligation. Total monthly income equals $2,074/mo, and annual cash flow totals $6,334/yr on $78,201 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 10.55% against a $235,900 entry. Equity gained on principal adds $1,522/yr, while 5% annual appreciation compiles into $65,175 by year five. Five-year ROI reaches 146.76% and total cumulative return in cash sums $114,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,074/mo property income covering a $1,155/mo payment, not borrower’s personal income.
Townhouse
Built in 1985
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17078, Palmyra, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,220 (100%) |
| Owner Occupied HU | 7,158 (70.0%) |
| Renter Occupied HU | 2,688 (26.3%) |
| Vacant Housing Units | 374 ( 3.7%) |
| Median Home Value | $336,535 |
| Average Home Value | $356,398 |
Housing Distribution
Address Breakdown
Residential
9,775
Single Family
9,149
Multi-Family
626
Businesses
433
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Listed by: David Drobnock • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALN2024348