618 W Walnut StPerkasiePA18944
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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 Perkasie at 618 W Walnut St, Perkasie, PA, 18944 with 5% annual appreciation on a $319,900 basis while $2,138/mo rent supports operations. Total monthly income totals $2,138/mo and a $1,566/mo payment preserves $42/mo for cash returns. Annual cash flow comes to $498/yr on $106,047 deployed, and return on cash invested reaches 20.38% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 8.02%. Five-year ROI measures 105.84% and total cumulative return in cash totals $112,244.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,138/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18944, Perkasie, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,335 (100%) |
| Owner Occupied HU | 8,078 (78.2%) |
| Renter Occupied HU | 1,941 (18.8%) |
| Vacant Housing Units | 316 ( 3.1%) |
| Median Home Value | $496,591 |
| Average Home Value | $564,677 |
Housing Distribution
Address Breakdown
Residential
9,975
Single Family
9,757
Multi-Family
218
Businesses
388
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Listed by: Michael Antonucci • RE/MAX 440 - Perkasie
Mls Name: Bright MLS
Mls ID: #PABU2095832