305 Highview DrWaynePA19087
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
Investment property for sale in Wayne at 305 Highview Dr, Wayne, PA, 19087 offers a 5.35% rental yield on a $1,249,000 purchase with $5,566/mo rent. 61% in year one. Equity gained on principal adds $8,060/yr while 5% annual appreciation supports $345,076 over five years. Portfolio math shows five-year ROI at 64.07% and total cumulative return in cash at $259,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,566/mo property income against a $6,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19087, Wayne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 9,865 (71.7%) |
| Renter Occupied HU | 3,060 (22.3%) |
| Vacant Housing Units | 825 ( 6.0%) |
| Median Home Value | $760,866 |
| Average Home Value | $824,340 |
Housing Distribution
Address Breakdown
Residential
12,978
Single Family
11,003
Multi-Family
1,975
Businesses
1,664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roseann Tulley • Redfin Corporation
Mls Name: Bright MLS
Mls ID: #PAMC2152084