438 Cornerstone Dr #438Newtown SquarePA19073
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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 Newtown Square at 438 Cornerstone Dr #438, Newtown Square, PA, 19073 uses $152,490 cash to close to unlock $3,386/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $3,296/mo, and a $2,251/mo payment keeps the spread at $282/mo. Purchase price stands at $460,000, and rental yield measures 8.6% with $3,296/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 115.24% and total cumulative return in cash records $175,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,296/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19073, Newtown Square, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,125 (100%) |
| Owner Occupied HU | 7,073 (69.9%) |
| Renter Occupied HU | 2,290 (22.6%) |
| Vacant Housing Units | 762 ( 7.5%) |
| Median Home Value | $641,389 |
| Average Home Value | $721,926 |
Housing Distribution
Address Breakdown
Residential
8,859
Single Family
7,616
Multi-Family
1,243
Businesses
831
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Listed by: Dave Iezzi • BHHS Fox & Roach-West Chester
Mls Name: Bright MLS
Mls ID: #PADE2104630