1001 City Ave #W-405WynnewoodPA19096
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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 #W-405, Wynnewood, PA, 19096 listed at $295,000 pairs $2,043/mo rent with a $1,444/mo payment to leave $110/mo cash flow. Total monthly income runs $2,043/mo, and annual cash flow reaches $1,317/yr on $97,793 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 8.31% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 110.55% and total cumulative return in cash totals $108,110. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,043/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Michael Shoulson • RE/MAX Action Associates
Mls Name: Bright MLS
Mls ID: #PAMC2159894