112 Iron Works WayWaynePA19087
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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 Wayne at 112 Iron Works Way, Wayne, PA, 19087 earns from $3,347/mo rent with a $3,960/mo payment. Total monthly income totals $3,347/mo. ROI tracks 11.25% on current figures, and rental yield reads 4.96% at a $809,000 purchase. Equity gained on principal adds $5,220/yr, and 5% annual appreciation supports $223,512 over five years. Five-year ROI reaches 56.85% and total cumulative return in cash sums $151,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,347/mo property income instead of your personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19087, Wayne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 9,865 (71.7%) |
| Renter Occupied HU | 3,060 (22.3%) |
| Vacant Housing Units | 825 ( 6.0%) |
| Median Home Value | $760,866 |
| Average Home Value | $824,340 |
Housing Distribution
Address Breakdown
Residential
12,978
Single Family
11,003
Multi-Family
1,975
Businesses
1,664
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Listed by: Betty Angelucci • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #PADE2100786