61 E Montgomery AveHatboroPA19040
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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
Investment property for sale in Hatboro at 61 E Montgomery Ave, Hatboro, PA, 19040 uses $130,943 cash to close to unlock $3,144/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,933/mo payment keeps the spread at $262/mo. Purchase price stands at $395,000, and rental yield measures 8.66% with $2,850/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 116.18% and total cumulative return in cash records $152,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1875
3,713 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,819
Single Family
7,247
Multi-Family
1,572
Businesses
673
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Listed by: Jim Kingkiner • Realty One Group Restore - Conshohocken
Mls Name: Bright MLS
Mls ID: #PAMC2150108