346 Parker StChesterPA19013
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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 Chester at 346 Parker St, Chester, PA, 19013 priced at $238,000 converts $1,682/mo rent into $122/mo cash flow after a $1,165/mo obligation. Total monthly income equals $1,682/mo, and annual cash flow totals $1,468/yr on $78,897 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 8.48% against a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation compiles into $65,755 by year five. Five-year ROI reaches 113.34% and total cumulative return in cash sums $89,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,682/mo property income covering a $1,165/mo payment, not borrower’s personal income.
Single Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19013, Chester, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,062 (100%) |
| Owner Occupied HU | 4,602 (30.6%) |
| Renter Occupied HU | 8,214 (54.5%) |
| Vacant Housing Units | 2,246 (14.9%) |
| Median Home Value | $98,099 |
| Average Home Value | $195,008 |
Housing Distribution
Address Breakdown
Residential
13,753
Single Family
12,433
Multi-Family
1,320
Businesses
908
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Listed by: Iris Tran • Coldwell Banker Hearthside Realtors
Mls Name: Bright MLS
Mls ID: #PADE2103694