40 Cherry LnSoudertonPA18964
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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 Souderton at 40 Cherry Ln, Souderton, PA, 18964 offers $3,634/mo rent that, after a $2,349/mo payment, leaves $489/mo cash flow. Total monthly income is $3,634/mo, and annual cash flow is $5,870/yr on $159,087 cash. Return on cash invested measures 23.6% in year one, and rental yield stands at 9.09% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 123.12% and total cumulative return in cash reaches $195,873. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,634/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18964, Souderton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,159 (100%) |
| Owner Occupied HU | 4,337 (70.4%) |
| Renter Occupied HU | 1,609 (26.1%) |
| Vacant Housing Units | 213 ( 3.5%) |
| Median Home Value | $419,058 |
| Average Home Value | $454,930 |
Housing Distribution
Address Breakdown
Residential
5,705
Single Family
4,882
Multi-Family
823
Businesses
598
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Listed by: Daryl Radcliff • RE/MAX Reliance
Mls Name: Bright MLS
Mls ID: #PAMC2146070