209 Lenoir AveWaynePA19087
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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
Rental property for sale in Wayne at 209 Lenoir Ave, Wayne, PA, 19087 priced at $485,000 pairs $4,001/mo rent with $823/mo cash flow after a $2,374/mo payment. Total monthly income equals $4,001/mo, and annual cash flow comes to $9,873/yr on $160,778 invested. Return on cash invested is 26.05% in year one, and rental yield stands at 9.9% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 136.24% and total cumulative return in cash reaches $219,050. For financing, Ziffy Mortgage’s DSCR program evaluates $4,001/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19087, Wayne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 9,865 (71.7%) |
| Renter Occupied HU | 3,060 (22.3%) |
| Vacant Housing Units | 825 ( 6.0%) |
| Median Home Value | $760,866 |
| Average Home Value | $824,340 |
Housing Distribution
Address Breakdown
Residential
12,978
Single Family
11,003
Multi-Family
1,975
Businesses
1,664
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Listed by: Tracy Pulos • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #PADE2099332