1240 Harding DrHavertownPA19083
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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 Havertown at 1240 Harding Dr, Havertown, PA, 19083 generates $2,260/mo in rent and, after a $1,052/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,260/mo, and annual cash flow is $10,218/yr on $71,273 invested. Return on cash invested sits at 34.24% in year one, and rental yield is 12.61% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 180.22% and total cumulative return in cash sums $128,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19083, Havertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,648 (100%) |
| Owner Occupied HU | 11,700 (85.7%) |
| Renter Occupied HU | 1,629 (11.9%) |
| Vacant Housing Units | 319 ( 2.3%) |
| Median Home Value | $472,073 |
| Average Home Value | $506,643 |
Housing Distribution
Address Breakdown
Residential
13,538
Single Family
12,523
Multi-Family
1,015
Businesses
943
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Listed by: John Becker • Springer Realty Group
Mls Name: Bright MLS
Mls ID: #PADE2092296