603 Orchard Way, Hatboro, PA, 19040 | 7.7% Rental Yield

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603 Orchard Way, Hatboro, PA, 19040 | 7.7% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hatboro at 603 Orchard Way, Hatboro, PA, 19040 offers $2,951/mo rent that, after a $2,251/mo payment. Total monthly income is $2,951/mo. Return on cash invested measures 19.42% in year one, and rental yield stands at 7.7% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 100.68% and total cumulative return in cash reaches $153,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,951/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1953

8,750 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 603 Orchard Way in desirable Moreland Manor! This beautifully maintained brick Cape Cod is newly listed and full of charm. Step inside to a warm living room and formal dining room, both featuring hardwood floors. The updated kitchen is fully equipped with wood cabinetry, granite counters, a tile backsplash, breakfast bar, recessed lighting, gas cooking, dishwasher, and microwave. The flooring is vinyl plank. Also on the main level is a versatile third bedroom or office with hardwood floors, along with a newer powder room featuring a vanity sink. The second floor offers two generous bedrooms, each with hardwood flooring, and an updated tile bathroom with a vanity and granite counter plus radiant heating in the floor. The finished lower level provides a cozy family room, additional game room space, wall-to-wall carpeting, and classic wainscoting, perfect for relaxation or entertaining. Just off the kitchen, enjoy the covered rear patio, ideal for barbecues and gatherings, overlooking a nicely sized backyard. A detached 2-car garage adds convenience and valuable place for storage. Dont delay, schedule your showing of this well-kept home today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19040, Hatboro, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,881 (100%)
Owner Occupied HU	6,150 (69.2%)
Renter Occupied HU	2,467 (27.8%)
Vacant Housing Units	264 ( 3.0%)
Median Home Value	$422,486
Average Home Value	$458,957