1001 City Ave #E-703WynnewoodPA19096
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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 Wynnewood at 1001 City Ave #E-703, Wynnewood, PA, 19096 offers a 18.4% rental yield on a $200,000 purchase with $3,067/mo rent. Total monthly income registers $3,067/mo, and a $979/mo payment leaves $653/mo available for distribution. Annual cash flow reaches $7,836/yr on $66,300 to close, and return on cash invested stands at 31.73% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 173.89% and total cumulative return in cash at $115,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,067/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19096, Wynnewood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,008 (100%) |
| Owner Occupied HU | 4,389 (73.1%) |
| Renter Occupied HU | 1,317 (21.9%) |
| Vacant Housing Units | 302 ( 5.0%) |
| Median Home Value | $774,166 |
| Average Home Value | $859,584 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
4,362
Multi-Family
1,524
Businesses
433
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Listed by: Roberta Barolat-Romana • BHHS Fox & Roach-Haverford
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAMC2144304
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