1215 Stratford AveMelrose ParkPA19027
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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 Melrose Park at 1215 Stratford Ave, Melrose Park, PA, 19027 listed at $310,000 pairs $3,628/mo rent with a $1,517/mo payment to leave $1,207/mo cash flow. Total monthly income runs $3,628/mo, and annual cash flow reaches $14,479/yr on $102,765 cash to close. Return on cash invested measures 34% in year one, and rental yield registers 14.04% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 180.52% and total cumulative return in cash totals $185,515. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,628/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19027, Elkins Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,693 (100%) |
| Owner Occupied HU | 5,206 (59.9%) |
| Renter Occupied HU | 2,955 (34.0%) |
| Vacant Housing Units | 532 ( 6.1%) |
| Median Home Value | $463,830 |
| Average Home Value | $497,950 |
Housing Distribution
Address Breakdown
Residential
8,438
Single Family
7,124
Multi-Family
1,314
Businesses
724
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Listed by: Robert Wolfson • RE/MAX Centre Realtors
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAMC2082788
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