29 Concord RdDarbyPA19023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Darby at 29 Concord Rd, Darby, PA, 19023 offers $2,099/mo rent that, after a $1,150/mo payment, leaves $559/mo cash flow. Total monthly income is $2,099/mo, and annual cash flow is $6,713/yr on $77,869 cash. Return on cash invested measures 28.53% in year one, and rental yield stands at 10.72% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 149.59% and total cumulative return in cash reaches $116,481. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,099/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1941
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19023, Darby, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,170 (49.5%) |
| Renter Occupied HU | 3,528 (41.9%) |
| Vacant Housing Units | 725 ( 8.6%) |
| Median Home Value | $144,434 |
| Average Home Value | $267,251 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,717
Multi-Family
326
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerry-Ann Richards • HomeSmart Realty Advisors
Mls Name: Bright MLS
Mls ID: #PADE2103022