221 Summit AveJenkintownPA19046
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
Investment Highlights
Investment property for sale in Jenkintown at 221 Summit Ave, Jenkintown, PA, 19046 listed at $699,000 pairs $4,060/mo rent with a $3,421/mo payment. Total monthly income runs $4,060/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 6.97% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 89.54% and total cumulative return in cash totals $205,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,060/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
9,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19046, Jenkintown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,533 (100%) |
| Owner Occupied HU | 5,429 (63.6%) |
| Renter Occupied HU | 2,311 (27.1%) |
| Vacant Housing Units | 793 ( 9.3%) |
| Median Home Value | $539,899 |
| Average Home Value | $617,418 |
Housing Distribution
Address Breakdown
Residential
8,569
Single Family
6,049
Multi-Family
2,520
Businesses
1,064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Mundy Coggin • BHHS Fox & Roach-Jenkintown
Mls Name: Bright MLS
Mls ID: #PAMC2165958