62 Shannon DrNorth WalesPA19454
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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 North Wales at 62 Shannon Dr, North Wales, PA, 19454 earns $425/mo cash flow from $2,161/mo rent with a $1,297/mo payment. Total monthly income totals $2,161/mo, and annual cash flow totals $5,094/yr on $87,848 capital. ROI tracks 25.71% on current figures, and rental yield reads 9.79% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 134.45% and total cumulative return in cash sums $118,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,161/mo property income instead of your personal income.
Condo
Built in 1969
952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19454, North Wales, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,910 (100%) |
| Owner Occupied HU | 9,061 (76.1%) |
| Renter Occupied HU | 2,426 (20.4%) |
| Vacant Housing Units | 423 ( 3.6%) |
| Median Home Value | $493,452 |
| Average Home Value | $523,385 |
Housing Distribution
Address Breakdown
Residential
11,600
Single Family
11,250
Multi-Family
350
Businesses
716
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Listed by: Brettney Gunning-Rausch • RE/MAX Central - Lansdale
Mls Name: Bright MLS
Mls ID: #PAMC2165548