31 Old Forge XingDevonPA19333
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 Devon at 31 Old Forge Xing, Devon, PA, 19333 offers $2,473/mo rent that, after a $1,615/mo payment, leaves $311/mo cash flow. Total monthly income is $2,473/mo, and annual cash flow is $3,729/yr on $109,395 cash. Return on cash invested measures 23.32% in year one, and rental yield stands at 8.99% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 121.61% and total cumulative return in cash reaches $133,031. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,473/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19333, Devon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,067 (100%) |
| Owner Occupied HU | 1,952 (63.6%) |
| Renter Occupied HU | 960 (31.3%) |
| Vacant Housing Units | 155 ( 5.1%) |
| Median Home Value | $857,765 |
| Average Home Value | $977,757 |
Housing Distribution
Address Breakdown
Residential
3,175
Single Family
3,070
Multi-Family
105
Businesses
279
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Listed by: Megan McGowan • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #PACT2111384