1805 N Glen Dr #1805Glen MillsPA19342
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1805 N Glen Dr #1805, Glen Mills, PA, 19342 in Glen Mills: $2,454/mo in rent, $914/mo net, 12.53% gross yield, all on a $235,000 acquisition. The 2.32 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $64,926 in value, and $2,164/yr in principal paydown steadily builds equity. Projected total cumulative return: $126,008.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.2% |
| Monthly Cash Flow | $914 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,454 |
| Total Monthly Debt Service | $1,818 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19342, Glen Mills, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 5,997 (68.0%) |
| Renter Occupied HU | 2,143 (24.3%) |
| Vacant Housing Units | 681 ( 7.7%) |
| Median Home Value | $632,728 |
| Average Home Value | $667,091 |
Housing Distribution
Address Breakdown
Residential
8,494
Single Family
6,376
Multi-Family
2,118
Businesses
543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19342, Glen Mills, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,821 (100%) |
| Owner Occupied HU | 5,997 (68.0%) |
| Renter Occupied HU | 2,143 (24.3%) |
| Vacant Housing Units | 681 ( 7.7%) |
| Median Home Value | $632,728 |
| Average Home Value | $667,091 |
Housing Distribution
Address Breakdown
Residential
8,494
Single Family
6,376
Multi-Family
2,118
Businesses
543
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices