191 Presidential Blvd UNIT R816Bala CynwydPA19004
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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 Bala Cynwyd at 191 Presidential Blvd UNIT R816, Bala Cynwyd, PA, 19004 offers a 8.62% rental yield on a $315,000 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,542/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,395/yr on $104,423 to close, and return on cash invested stands at 22.2% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 115.62% and total cumulative return in cash at $120,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1961
1,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19004, Bala Cynwyd, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,393 (100%) |
| Owner Occupied HU | 3,131 (58.1%) |
| Renter Occupied HU | 1,779 (33.0%) |
| Vacant Housing Units | 483 ( 9.0%) |
| Median Home Value | $717,620 |
| Average Home Value | $745,147 |
Housing Distribution
Address Breakdown
Residential
5,025
Single Family
3,000
Multi-Family
2,025
Businesses
1,232
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Listed by: Linda Z • BHHS Fox & Roach-Haverford
Mls Name: Bright MLS
Mls ID: #PAMC2162018