244 Baltimore Pike UNIT 108AGlen 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 Pike UNIT 108A, Glen Mills, PA, 19342 uses $132,567 cash to close to unlock $3,814/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,957/mo payment keeps the spread at $318/mo. Purchase price stands at $399,900, and rental yield measures 8.82% with $2,938/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 118.73% and total cumulative return in cash records $157,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,957/mo payment rather than investor’s personal income.
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: Stephen Tallon • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #PADE2102746