38 N Canal StWalnutportPA18088
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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 Walnutport at 38 N Canal St, Walnutport, PA, 18088 priced at $229,900 pairs $1,622/mo rent with $116/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,622/mo, and annual cash flow comes to $1,389/yr on $76,212 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 8.47% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 113.1% and total cumulative return in cash reaches $86,195. For financing, Ziffy Mortgage’s DSCR program evaluates $1,622/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
10,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18088, Walnutport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,905 (100%) |
| Owner Occupied HU | 3,277 (83.9%) |
| Renter Occupied HU | 434 (11.1%) |
| Vacant Housing Units | 194 ( 5.0%) |
| Median Home Value | $314,653 |
| Average Home Value | $325,452 |
Housing Distribution
Address Breakdown
Residential
3,752
Single Family
3,566
Multi-Family
186
Businesses
177
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Listed by: Joy Augustus • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #764777