414 Watson AveHorshamPA19044
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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 Horsham at 414 Watson Ave, Horsham, PA, 19044 offers a 8.34% rental yield on a $424,900 purchase with $2,954/mo rent. Total monthly income registers $2,954/mo, and a $2,080/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,033/yr on $140,854 to close, and return on cash invested stands at 21.35% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 111.07% and total cumulative return in cash at $156,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,954/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19044, Horsham, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,405 (100%) |
| Owner Occupied HU | 4,354 (58.8%) |
| Renter Occupied HU | 2,772 (37.4%) |
| Vacant Housing Units | 279 ( 3.8%) |
| Median Home Value | $478,347 |
| Average Home Value | $564,042 |
Housing Distribution
Address Breakdown
Residential
7,084
Single Family
6,390
Multi-Family
694
Businesses
899
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Listed by: Fran Kealey • Weichert Realtors
Mls Name: Bright MLS
Mls ID: #PAMC2154832