45 W Vernon StSummit HillPA18250
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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
Rental property for sale in Summit Hill at 45 W Vernon St, Summit Hill, PA, 18250 generates $1,589/mo in rent and, after a $587/mo payment, leaves $729/mo in cash flow. Total monthly income is $1,589/mo, and annual cash flow is $8,752/yr on $39,747 invested. Return on cash invested sits at 41.93% in year one, and rental yield is 15.9% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 222.3% and total cumulative return in cash sums $88,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,589/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18250, Summit Hill, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,031 (66.1%) |
| Renter Occupied HU | 340 (21.8%) |
| Vacant Housing Units | 188 (12.1%) |
| Median Home Value | $120,543 |
| Average Home Value | $169,440 |
Housing Distribution
Address Breakdown
Residential
1,335
Single Family
1,302
Multi-Family
33
Businesses
62
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Listed by: Christopher C. George • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #764321
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.