16 Parkview RdCheltenhamPA19012
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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 Cheltenham at 16 Parkview Rd, Cheltenham, PA, 19012 offers a 8.61% rental yield on a $266,200 purchase with $1,909/mo rent. Total monthly income registers $1,909/mo, and a $1,303/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,975/yr on $88,245 to close, and return on cash invested stands at 22.15% in year one. Equity gained on principal adds $1,718/yr while 5% annual appreciation supports $73,546 over five years. Portfolio math shows five-year ROI at 115.35% and total cumulative return in cash at $101,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,909/mo property income against a $1,303/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19012, Cheltenham, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,524 (100%) |
| Owner Occupied HU | 2,096 (83.0%) |
| Renter Occupied HU | 323 (12.8%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $358,022 |
| Average Home Value | $387,032 |
Housing Distribution
Address Breakdown
Residential
2,498
Single Family
2,484
Multi-Family
14
Businesses
215
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Listed by: Sherry Price • RealHome Services and Solutions, Inc.
Mls Name: Bright MLS
Mls ID: #PAMC2134158