6 Carolina AveMorrisvillePA19067
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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 Morrisville at 6 Carolina Ave, Morrisville, PA, 19067 priced at $349,990 pairs $2,526/mo rent with $233/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,526/mo, and annual cash flow comes to $2,791/yr on $116,022 invested. Return on cash invested is 22.31% in year one, and rental yield stands at 8.66% on a $349,990 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,696 by year five. Five-year ROI measures 116.23% and total cumulative return in cash reaches $134,855. For financing, Ziffy Mortgage’s DSCR program evaluates $2,526/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
5,100 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,629
Single Family
21,119
Multi-Family
510
Businesses
1,504
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Listed by: Ned Bates • Foraker Realty Co.
Mls Name: Bright MLS
Mls ID: #PABU2103556