345 Wayne AveLansdownePA19050
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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 Lansdowne at 345 Wayne Ave, Lansdowne, PA, 19050 generates $1,999/mo in rent and, after a $1,405/mo payment, leaves $118/mo in cash flow. Total monthly income is $1,999/mo, and annual cash flow is $1,417/yr on $95,141 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 8.36% on a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 111.35% and total cumulative return in cash sums $105,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19050, Lansdowne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,610 (100%) |
| Owner Occupied HU | 7,296 (57.9%) |
| Renter Occupied HU | 4,577 (36.3%) |
| Vacant Housing Units | 737 ( 5.8%) |
| Median Home Value | $237,564 |
| Average Home Value | $318,002 |
Housing Distribution
Address Breakdown
Residential
11,849
Single Family
9,458
Multi-Family
2,391
Businesses
776
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Listed by: Sheri' Rivera • Better Homes and Gardens Real Estate - Maturo PA
Mls Name: Bright MLS
Mls ID: #PADE2102338