40 Old Lancaster Rd APT 205Merion StationPA19066
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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
Total monthly income runs $2,063/mo, and a $1,762/mo payment. Purchase price stands at $359,999, and rental yield measures 6.88% with $2,063/mo rent. Return on cash invested shows 16.93% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 87.34% and total cumulative return in cash records $104,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,063/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19066, Merion Station, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,897 (100%) |
| Owner Occupied HU | 1,656 (87.3%) |
| Renter Occupied HU | 153 ( 8.1%) |
| Vacant Housing Units | 88 ( 4.6%) |
| Median Home Value | $834,152 |
| Average Home Value | $855,865 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,704
Multi-Family
268
Businesses
133
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Listed by: Carol Albert • RE/MAX Ready
Mls Name: Bright MLS
Mls ID: #PAMC2160132