244 Baltimore Pike UNIT 101Glen 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
Rental property for sale in Glen Mills at 244 Baltimore Pike UNIT 101, Glen Mills, PA, 19342 generates $2,938/mo in rent and, after a $2,080/mo payment, leaves $153/mo in cash flow. Total monthly income is $2,938/mo, and annual cash flow is $1,839/yr on $140,888 invested. Return on cash invested sits at 21.21% in year one, and rental yield is 8.3% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 110.33% and total cumulative return in cash sums $155,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,938/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A 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: Maria Doyle • Compass RE
Mls Name: Bright MLS
Mls ID: #PADE2100444