229 W Union StWest ChesterPA19382
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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 West Chester at 229 W Union St, West Chester, PA, 19382 offers $3,364/mo rent that, after a $3,891/mo payment. Total monthly income is $3,364/mo. Return on cash invested measures 11.59% in year one, and rental yield stands at 5.08% at a $795,000 entry. Equity gained on principal adds $5,130/yr while 5% annual appreciation compounds into $219,644 by year five. Five-year ROI records 58.7% and total cumulative return in cash reaches $153,538. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,364/mo property income versus a $3,891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1893
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19382, West Chester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,333 (100%) |
| Owner Occupied HU | 14,819 (66.4%) |
| Renter Occupied HU | 6,183 (27.7%) |
| Vacant Housing Units | 1,331 ( 6.0%) |
| Median Home Value | $624,288 |
| Average Home Value | $651,405 |
Housing Distribution
Address Breakdown
Residential
21,039
Single Family
19,505
Multi-Family
1,534
Businesses
1,319
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Listed by: Michael Ciunci • KW Greater West Chester
Mls Name: Bright MLS
Mls ID: #PACT2115584