436 Manhattan StEssingtonPA19029
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 Essington at 436 Manhattan St, Essington, PA, 19029 priced at $244,850 converts $2,213/mo rent into $609/mo cash flow after a $1,198/mo obligation. Total monthly income equals $2,213/mo, and annual cash flow totals $7,308/yr on $81,168 invested. Return on cash invested prints 28.91% in year one, and rental yield reads 10.85% against a $244,850 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,648 by year five. Five-year ROI reaches 151.58% and total cumulative return in cash sums $123,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,213/mo property income covering a $1,198/mo payment, not borrower’s personal income.
Single Family
Built in 1958
435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19029, Essington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,888 (100%) |
| Owner Occupied HU | 1,146 (60.7%) |
| Renter Occupied HU | 577 (30.6%) |
| Vacant Housing Units | 165 ( 8.7%) |
| Median Home Value | $231,589 |
| Average Home Value | $273,103 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,769
Multi-Family
62
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sanjeev Ahluwalia • Weichert, Realtors - Cornerstone
Mls Name: Bright MLS
Mls ID: #PADE2102776