2939 Berkley RdArdmorePA19003
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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 Ardmore at 2939 Berkley Rd, Ardmore, PA, 19003 offers a 10.28% rental yield on a $459,000 purchase with $3,934/mo rent. Total monthly income registers $3,934/mo, and a $2,247/mo payment leaves $926/mo available for distribution. Annual cash flow reaches $11,110/yr on $152,159 to close, and return on cash invested stands at 27.21% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 142.47% and total cumulative return in cash at $216,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,934/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19003, Ardmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 3,774 (58.4%) |
| Renter Occupied HU | 2,356 (36.4%) |
| Vacant Housing Units | 337 ( 5.2%) |
| Median Home Value | $529,520 |
| Average Home Value | $612,182 |
Housing Distribution
Address Breakdown
Residential
6,005
Single Family
4,637
Multi-Family
1,368
Businesses
791
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Listed by: Diane Krause • BHHS Fox & Roach-Haverford
Mls Name: Bright MLS
Mls ID: #PADE2103306