42 W College Ave APT 316, Yardley, PA, 19067 | $481/mo Cash Flow

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42 W College Ave APT 316, Yardley, PA, 19067 | $481/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Yardley at 42 W College Ave APT 316, Yardley, PA, 19067 listed at $350,000 pairs $2,774/mo rent with a $1,713/mo payment to leave $481/mo cash flow. Total monthly income runs $2,774/mo, and annual cash flow reaches $5,767/yr on $116,025 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 9.51% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 129.99% and total cumulative return in cash totals $150,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,774/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1998

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the most beautiful view in 55+ Yardley Point! Overlooking the picturesque foliage that transitions into a view of historic Yardley Boroughs quaint, charming downtown area as autumn progresses. Enter into the open-concept main living and formal dining area w/ large windows that allow for plenty of natural sunlight. Spacious eat-in kitchen w/ ample cabinetry and countertop space. Two glass sliding doors provide multiple access points to the private balcony that provides a scenic view of Yardley Borough. Down the hall, you will find two bedrooms and two full bathrooms - The spacious primary bedroom w/ full ensuite bathroom and a large cedar walk-in closet. Laundry room in unit. Extended garage w/ interior access and a driveway. Additional communal parking available as well. Yardley Point provides a gym and a recreation room w/ a kitchen. Premier location just a few blocks away from Main Street where you can enjoy seasonal events, award winning restaurants and shopping! Centrally located near I-295, Route 1, the Delaware Canal Towpath and just minutes from New Jersey, you are not going to want to miss the opportunity to see this home!

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