345 Morris RdFort WashingtonPA19034
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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 Fort Washington at 345 Morris Rd, Fort Washington, PA, 19034 listed at $699,000 pairs $2,567/mo rent with a $3,421/mo payment. Total monthly income runs $2,567/mo. Return on cash invested measures 9.56% in year one, and rental yield registers 4.41% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 47.77% and total cumulative return in cash totals $109,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,567/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1873
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19034, Fort Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,426 (100%) |
| Owner Occupied HU | 1,932 (79.6%) |
| Renter Occupied HU | 334 (13.8%) |
| Vacant Housing Units | 160 ( 6.6%) |
| Median Home Value | $616,625 |
| Average Home Value | $672,857 |
Housing Distribution
Address Breakdown
Residential
2,403
Single Family
2,079
Multi-Family
324
Businesses
683
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Listed by: Chris Carr • HomeZu
Mls Name: Bright MLS
Mls ID: #PAMC2164124