40 Old Lancaster Rd APT 302Merion StationPA19066
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow40 Old Lancaster Rd APT 302, Merion Station, PA, 19066 in Merion Station earns its strong cash-flow label: 10.61% yield, $3,024/mo rent, $783/mo net income, DSCR 1.97. The $342,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $94,488 by year five. Combined with $3,150/yr in principal paydown, total projected return reaches $180,596.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $783 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,024 |
| Total Monthly Debt Service | $2,105 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1948
1,251 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in 1948
1,251 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Jo Potts • Elfant Wissahickon-Mt Airy
Mls Name: Bright MLS
Mls ID: #PAMC2148058