311 Neshaminy RdCroydonPA19021
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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
Rental property for sale in Croydon at 311 Neshaminy Rd, Croydon, PA, 19021 generates $1,308/mo in rent, after a $2,080/mo payment. Total monthly income is $1,308/mo. Return on cash invested sits at 7.33% in year one, and rental yield is 3.69% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 35.89% and total cumulative return in cash sums $50,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19021, Croydon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,000 (100%) |
| Owner Occupied HU | 2,721 (68.0%) |
| Renter Occupied HU | 1,139 (28.5%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $312,543 |
| Average Home Value | $401,799 |
Housing Distribution
Address Breakdown
Residential
3,962
Single Family
3,252
Multi-Family
710
Businesses
260
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Listed by: Michele Elliott • Keller Williams Real Estate-Langhorne
Mls Name: Bright MLS
Mls ID: #PABU2109324