1418 Michigan Ave, Swarthmore, PA, 19081 | $352/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1418 Michigan Ave, Swarthmore, PA, 19081 | $352/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1550 sft

106 Waverly Rd, Wilmington, DE, 19803

3 Bed
3 Bath
1890 sft

1710 W 14th St, Wilmington, DE, 19806

3 Bed
1 Bath
1454 sft

405 E South St, Kennett Square, PA, 19348

4 Bed
1 Bath
1456 sft

814 W 6th St, Chester, PA, 19013

Nearby investment properties with comparable prices

3 Bed
2 Bath
1500 sft

18 Washington Ave, Wilmington, DE, 19810

Rental Income+ 1 more

4 Bed
2 Bath
1725 sft

513 Armstrong Ave, Wilmington, DE, 19805

2 Bed
2 Bath
- sft

201 Colonial Downs Ct #2202, Newark, DE, 19702

2 Bed
2 Bath
- sft

201 Colonial Downs Ct #2103, Newark, DE, 19702

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Swarthmore at 1418 Michigan Ave, Swarthmore, PA, 19081 generates $2,711/mo in rent and, after a $1,762/mo payment, leaves $352/mo in cash flow. Total monthly income is $2,711/mo, and annual cash flow is $4,224/yr on $119,340 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 9.04% on a $359,999 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 122.29% and total cumulative return in cash sums $145,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,711/mo property income rather than buyer’s personal income.

Single Family

Built in 1957

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1418 Michigan Avenue, a stunning home in the highly sought after neighborhood in Ridley Twp! This home boasts 3 bedrooms, 1.5 bathrooms, and 1,224 square feet of living space. Step inside and be greeted with hardwood floors and large windows allowing tons of natural light. The kitchen features stainless steel appliances, granite countertops, and tons of white cabinetry for storage. Then step outside to the back patio with a large fenced-in backyard perfect for hosting barbecues, gardening or just enjoying the outdoors. Upstairs, youll find 3 spacious bedrooms with ample close space, and an updated full bathroom. Ceiling fans are installed in all bedrooms, including the main living area for a cool and comfortable environment. The finished basement offers extra storage space, and adds versatility to the property providing additional space for recreation. This home also has newer windows, updated plumbing, and is well maintained by the family. In close proximity to all of the restaurants, bars, grocery stores, parks, and coffee shops that Swarthmore has to offer, this home is in a perfect location. Schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19081, Swarthmore, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,022 (100%)
Owner Occupied HU	2,970 (73.8%)
Renter Occupied HU	895 (22.3%)
Vacant Housing Units	157 ( 3.9%)
Median Home Value	$448,911
Average Home Value	$480,513