1602 Painters Xing #1602Chadds FordPA19317
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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 Chadds Ford at 1602 Painters Xing #1602, Chadds Ford, PA, 19317 offers a 11.04% rental yield on a $275,000 purchase with $2,531/mo rent. Total monthly income registers $2,531/mo, and a $1,346/mo payment leaves $729/mo available for distribution. Annual cash flow reaches $8,748/yr on $91,163 to close, and return on cash invested stands at 29.5% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 154.76% and total cumulative return in cash at $141,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,531/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19317, Chadds Ford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,105 (100%) |
| Owner Occupied HU | 3,184 (77.6%) |
| Renter Occupied HU | 743 (18.1%) |
| Vacant Housing Units | 178 ( 4.3%) |
| Median Home Value | $732,337 |
| Average Home Value | $812,249 |
Housing Distribution
Address Breakdown
Residential
4,116
Single Family
3,516
Multi-Family
600
Businesses
562
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Listed by: Sarah Hutchins • BHHS Fox & Roach-Kennett Sq
Mls Name: Bright MLS
Mls ID: #PADE2100660