412 N Wayne Ave APT 104RadnorPA19087
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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 Radnor at 412 N Wayne Ave APT 104, Radnor, PA, 19087 listed at $200,000 pairs $1,355/mo rent with a $979/mo payment to leave $44/mo cash flow. Total monthly income runs $1,355/mo, and annual cash flow reaches $532/yr on $66,300 cash to close. Return on cash invested measures 20.71% in year one, and rental yield registers 8.13% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 107.67% and total cumulative return in cash totals $71,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,355/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19087, Wayne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 9,865 (71.7%) |
| Renter Occupied HU | 3,060 (22.3%) |
| Vacant Housing Units | 825 ( 6.0%) |
| Median Home Value | $760,866 |
| Average Home Value | $824,340 |
Housing Distribution
Address Breakdown
Residential
12,978
Single Family
11,003
Multi-Family
1,975
Businesses
1,664
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Listed by: Ellen Li • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #PADE2106054