6 Riverwatch CtEssingtonPA19029
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 6 Riverwatch Ct, Essington, PA, 19029 offers $1,517/mo rent that, after a $1,062/mo payment, leaves $95/mo cash flow. Total monthly income is $1,517/mo, and annual cash flow is $1,142/yr on $71,936 cash. Return on cash invested measures 21.5% in year one, and rental yield stands at 8.39% at a $217,000 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,953 by year five. Five-year ROI records 111.89% and total cumulative return in cash reaches $80,489. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,517/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1997
N/A 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: CHRISSY Higgins • BHHS Fox & Roach-Media
Mls Name: Bright MLS
Mls ID: #PADE2098768