424 Walnut StDenverPA17517
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
Rental property for sale in Denver at 424 Walnut St, Denver, PA, 17517 generates $1,590/mo in rent, after a $1,321/mo payment. Total monthly income is $1,590/mo. Return on cash invested sits at 17.51% in year one, and rental yield is 7.07% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 90.51% and total cumulative return in cash sums $80,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,590/mo property income rather than buyer’s personal income.
Townhouse
Built in 1915
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17517, Denver, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,228 (100%) |
| Owner Occupied HU | 4,956 (79.6%) |
| Renter Occupied HU | 1,039 (16.7%) |
| Vacant Housing Units | 233 ( 3.7%) |
| Median Home Value | $343,894 |
| Average Home Value | $388,168 |
Housing Distribution
Address Breakdown
Residential
5,955
Single Family
5,948
Multi-Family
7
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Reimers • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PALA2072888