244 Baltimore #111AGlen MillsPA19342
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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 Glen Mills at 244 Baltimore #111A, Glen Mills, PA, 19342 listed at $392,900 pairs $2,824/mo rent with a $1,923/mo payment to leave $249/mo cash flow. Total monthly income runs $2,824/mo, and annual cash flow reaches $2,993/yr on $130,246 cash to close. Return on cash invested measures 22.21% in year one, and rental yield registers 8.63% at a $392,900 basis. Equity gained on principal adds $2,535/yr, and annual property appreciation at 5% supports $108,551 by year five. Five-year ROI tracks 115.66% and total cumulative return in cash totals $150,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,824/mo property income relative to a $1,923/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
1,307 sqft 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
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Listed by: Deneen Sweeney • Keller Williams Real Estate - West Chester
Mls Name: Bright MLS
Mls ID: #PADE2105026