3059 Mitchell CtLafayette HillPA19444
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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 Lafayette Hill at 3059 Mitchell Ct, Lafayette Hill, PA, 19444 uses $180,917 cash to close to unlock $1,261/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $3,708/mo, and a $2,691/mo payment keeps the spread at $105/mo. Purchase price stands at $549,900, and rental yield measures 8.09% with $3,708/mo rent. Return on cash invested shows 20.76% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 107.86% and total cumulative return in cash records $195,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,708/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
2,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19444, Lafayette Hill, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 3,470 (75.2%) |
| Renter Occupied HU | 895 (19.4%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $601,805 |
| Average Home Value | $644,362 |
Housing Distribution
Address Breakdown
Residential
4,375
Single Family
3,457
Multi-Family
918
Businesses
309
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Listed by: Tom Higgins • Keller Williams Real Estate-Blue Bell
Mls Name: Bright MLS
Mls ID: #PAMC2159270