111 Chesney LnErdenheimPA19038
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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 Erdenheim at 111 Chesney Ln, Erdenheim, PA, 19038 priced at $619,900 converts $3,439/mo rent into after a $3,034/mo obligation. Total monthly income equals $3,439/mo. Return on cash invested prints 16.39% in year one, and rental yield reads 6.66% against a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation compiles into $171,267 by year five. Five-year ROI reaches 84.43% and total cumulative return in cash sums $172,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,439/mo property income covering a $3,034/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19038, Glenside, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,145 (100%) |
| Owner Occupied HU | 9,486 (78.1%) |
| Renter Occupied HU | 2,199 (18.1%) |
| Vacant Housing Units | 460 ( 3.8%) |
| Median Home Value | $452,661 |
| Average Home Value | $516,122 |
Housing Distribution
Address Breakdown
Residential
11,881
Single Family
11,188
Multi-Family
693
Businesses
976
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Listed by: Jennifer Rinella • BHHS Fox & Roach-Chestnut Hill
Mls Name: Bright MLS
Mls ID: #PAMC2166322