404 Cherry StEast GreenvillePA18041
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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
Investment property for sale in East Greenville at 404 Cherry St, East Greenville, PA, 18041 offers a 5.54% rental yield on a $390,000 purchase with $1,802/mo rent. 91% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 65.82% and total cumulative return in cash at $85,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18041, East Greenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,442 (100%) |
| Owner Occupied HU | 1,750 (71.7%) |
| Renter Occupied HU | 538 (22.0%) |
| Vacant Housing Units | 154 ( 6.3%) |
| Median Home Value | $347,059 |
| Average Home Value | $375,461 |
Housing Distribution
Address Breakdown
Residential
2,229
Single Family
2,128
Multi-Family
101
Businesses
146
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Listed by: Brettney Gunning-Rausch • RE/MAX Central - Lansdale
Mls Name: Bright MLS
Mls ID: #PAMC2164746