319 Pennington WayPerkasiePA18944
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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 Perkasie at 319 Pennington Way, Perkasie, PA, 18944 priced at $609,900 converts $2,724/mo rent into after a $2,985/mo obligation. Total monthly income equals $2,724/mo. Return on cash invested prints 12.45% in year one, and rental yield reads 5.36% against a $609,900 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,504 by year five. Five-year ROI reaches 63.3% and total cumulative return in cash sums $127,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,724/mo property income covering a $2,985/mo payment, not borrower’s personal income.
Single Family
Built in 2005
9,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18944, Perkasie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,335 (100%) |
| Owner Occupied HU | 8,078 (78.2%) |
| Renter Occupied HU | 1,941 (18.8%) |
| Vacant Housing Units | 316 ( 3.1%) |
| Median Home Value | $496,591 |
| Average Home Value | $564,677 |
Housing Distribution
Address Breakdown
Residential
9,975
Single Family
9,757
Multi-Family
218
Businesses
388
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Listed by: Tom Smeland • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PABU2109938