389 McKinley AveMorrisvillePA19067
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 Morrisville at 389 McKinley Ave, Morrisville, PA, 19067 listed at $269,000 pairs $2,315/mo rent with a $1,317/mo payment to leave $552/mo cash flow. Total monthly income runs $2,315/mo, and annual cash flow reaches $6,623/yr on $89,174 cash to close. Return on cash invested measures 27.34% in year one, and rental yield registers 10.33% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 143.15% and total cumulative return in cash totals $127,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,315/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19067, Morrisville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,982 (100%) |
| Owner Occupied HU | 16,086 (73.2%) |
| Renter Occupied HU | 4,963 (22.6%) |
| Vacant Housing Units | 933 ( 4.2%) |
| Median Home Value | $553,399 |
| Average Home Value | $571,213 |
Housing Distribution
Address Breakdown
Residential
21,629
Single Family
21,119
Multi-Family
510
Businesses
1,504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Wolff • FSBO Broker
Mls Name: Bright MLS
Mls ID: #PABU2106626