9 Riverhill APT ANew HopePA18938
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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
Rental property for sale in New Hope at 9 Riverhill APT A, New Hope, PA, 18938 priced at $340,000 converts $3,179/mo rent into $951/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,179/mo, and annual cash flow totals $11,414/yr on $112,710 invested. Return on cash invested prints 30.04% in year one, and rental yield reads 11.22% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 157.65% and total cumulative return in cash sums $177,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,179/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18938, New Hope, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,917 (100%) |
| Owner Occupied HU | 5,378 (77.8%) |
| Renter Occupied HU | 1,040 (15.0%) |
| Vacant Housing Units | 499 ( 7.2%) |
| Median Home Value | $811,694 |
| Average Home Value | $924,487 |
Housing Distribution
Address Breakdown
Residential
6,171
Single Family
6,007
Multi-Family
164
Businesses
565
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Listed by: Stefan Dahlmark • Kurfiss Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #PABU2109636