317 Lockridge LnAlburtisPA18011
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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 Alburtis at 317 Lockridge Ln, Alburtis, PA, 18011 uses $82,842 cash to close to unlock $5,035/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $2,057/mo, and a $1,223/mo payment keeps the spread at $420/mo. Purchase price stands at $249,900, and rental yield measures 9.88% with $2,057/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash records $112,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1976
3,615 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18011, Alburtis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,861 (81.9%) |
| Renter Occupied HU | 349 (15.4%) |
| Vacant Housing Units | 63 ( 2.8%) |
| Median Home Value | $364,313 |
| Average Home Value | $411,462 |
Housing Distribution
Address Breakdown
Residential
2,116
Single Family
2,106
Multi-Family
10
Businesses
72
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Listed by: Rebecca Bitner • Weichert Realtors
Mls Name: GLVR
Mls ID: #769012