2789 Highland AveBroomallPA19008
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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 Broomall at 2789 Highland Ave, Broomall, PA, 19008 offers a 8.28% rental yield on a $659,000 purchase with $4,546/mo rent. Total monthly income registers $4,546/mo, and a $3,225/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,738/yr on $216,811 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $4,252/yr while 5% annual appreciation supports $182,070 over five years. Portfolio math shows five-year ROI at 110.89% and total cumulative return in cash at $240,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,546/mo property income against a $3,225/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19008, Broomall, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,714 (100%) |
| Owner Occupied HU | 6,358 (82.4%) |
| Renter Occupied HU | 1,166 (15.1%) |
| Vacant Housing Units | 190 ( 2.5%) |
| Median Home Value | $504,537 |
| Average Home Value | $553,623 |
Housing Distribution
Address Breakdown
Residential
7,726
Single Family
7,149
Multi-Family
577
Businesses
717
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Listed by: Larry Besa • BHHS Fox&Roach-Newtown Square
Mls Name: Bright MLS
Mls ID: #PADE2097620