415 City Ave UNIT H2Merion 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
Rental property for sale in Merion Station at 415 City Ave UNIT H2, Merion Station, PA, 19066 generates $3,352/mo in rent, after a $2,692/mo payment. Total monthly income is $3,352/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 7.31% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 95.12% and total cumulative return in cash sums $172,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.
Condo
Built in 1926
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: Michael Kelczewski • Kurfiss Sotheby's International Realty
Mls Name: Bright MLS
Mls ID: #PAMC2152710