2976 Carnation AveWillow GrovePA19090
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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 Willow Grove at 2976 Carnation Ave, Willow Grove, PA, 19090 generates $3,158/mo in rent and, after a $1,615/mo payment, leaves $996/mo in cash flow. Total monthly income is $3,158/mo, and annual cash flow is $11,951/yr on $109,362 invested. Return on cash invested sits at 30.84% in year one, and rental yield is 11.49% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 161.92% and total cumulative return in cash sums $177,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,158/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
5,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19090, Willow Grove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 5,330 (62.2%) |
| Renter Occupied HU | 2,881 (33.6%) |
| Vacant Housing Units | 356 ( 4.2%) |
| Median Home Value | $384,154 |
| Average Home Value | $462,993 |
Housing Distribution
Address Breakdown
Residential
8,175
Single Family
6,468
Multi-Family
1,707
Businesses
978
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Listed by: Neal ORourke • Iron Valley Real Estate Lower Gwynedd
Mls Name: Bright MLS
Mls ID: #PAMC2164590