35 Essex PlNewtownPA18940
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
Investment property for sale in Newtown at 35 Essex Pl, Newtown, PA, 18940 uses $180,950 cash to close to unlock $3,767/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $3,918/mo, and a $2,692/mo payment keeps the spread at $314/mo. Purchase price stands at $550,000, and rental yield measures 8.55% with $3,918/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash records $208,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,918/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18940, Newtown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,886 (100%) |
| Owner Occupied HU | 9,819 (82.6%) |
| Renter Occupied HU | 1,704 (14.3%) |
| Vacant Housing Units | 363 ( 3.1%) |
| Median Home Value | $710,881 |
| Average Home Value | $765,885 |
Housing Distribution
Address Breakdown
Residential
11,746
Single Family
11,543
Multi-Family
203
Businesses
1,167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas Pearson • Kurfiss Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #PABU2107982