6 Steeplechase LnBlue BellPA19422
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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 Blue Bell at 6 Steeplechase Ln, Blue Bell, PA, 19422 priced at $695,000 converts $3,270/mo rent into after a $3,402/mo obligation. Total monthly income equals $3,270/mo. Return on cash invested prints 13.32% in year one, and rental yield reads 5.65% against a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation compiles into $192,016 by year five. Five-year ROI reaches 67.95% and total cumulative return in cash sums $155,382. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,270/mo property income covering a $3,402/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
5,130 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19422, Blue Bell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,504 (100%) |
| Owner Occupied HU | 6,179 (72.7%) |
| Renter Occupied HU | 2,013 (23.7%) |
| Vacant Housing Units | 312 ( 3.7%) |
| Median Home Value | $645,847 |
| Average Home Value | $686,014 |
Housing Distribution
Address Breakdown
Residential
8,162
Single Family
7,990
Multi-Family
172
Businesses
1,097
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Listed by: Karen Horn • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAMC2160970