309 Florence Ave APT 307N, Jenkintown, PA, 19046 | $211/mo Cash Flow

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309 Florence Ave APT 307N, Jenkintown, PA, 19046 | $211/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jenkintown at 309 Florence Ave APT 307N, Jenkintown, PA, 19046 offers a 9.23% rental yield on a $185,000 purchase with $1,423/mo rent. Total monthly income registers $1,423/mo, and a $905/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,535/yr on $61,328 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 125.55% and total cumulative return in cash at $76,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,423/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Just relisted, you will love this bright 2BR / 2BA condo in the heart of Jenkintown. We have an open and spacious living room and dining room and feature beautiful new hardwood floors in the kitchen, dining room and living room. Neutral decor provides a host of personal choices for your own decorating taste. There is a large master bedroom with a private bath and a second bedroom with options to use as an office, library or overnight guest accommodation. More than ample closet space with a walk in kitchen pantry. Enjoy your leisure, whether indoors or enjoying the outdoors on your balcony, which has a fabulous view! Condo includes a spacious storage unit on the lower level. Beaver Hill community life features security buildings, door persons, and common area laundry on each floor, with housekeeping & maintenance on site. Attractive common areas and lobbies complete the lovely living environment. Security cameras add an extra measure of safety. Also available for an additional fee is a community pool. Beaver Hill is convenient to major transportation, and we are down the street from the Historic Jenkintown Train Station, with trains to center city Philadelphia, Trenton (for NYC) and the Philadelphia Airport. There is also great shopping, dining, a 'warm weather' farmer's market and more. Pets are NOT permitted.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19046, Jenkintown, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,533 (100%)
Owner Occupied HU	5,429 (63.6%)
Renter Occupied HU	2,311 (27.1%)
Vacant Housing Units	793 ( 9.3%)
Median Home Value	$539,899
Average Home Value	$617,418