826 Recreational DrHopewellPA16650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hopewell at 826 Recreational Dr, Hopewell, PA, 16650 offers $1,324/mo rent that, after a $827/mo payment, leaves $217/mo cash flow. Total monthly income is $1,324/mo, and annual cash flow is $2,601/yr on $56,024 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 9.4% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 128.21% and total cumulative return in cash reaches $71,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,324/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16650, Hopewell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,028 (100%) |
| Owner Occupied HU | 686 (66.7%) |
| Renter Occupied HU | 136 (13.2%) |
| Vacant Housing Units | 206 (20.0%) |
| Median Home Value | $174,275 |
| Average Home Value | $203,043 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
20
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Listed by: Cheryl McInroy • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #PABD2002826