491 N Mill RdKennett SquarePA19348
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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 Kennett Square at 491 N Mill Rd, Kennett Square, PA, 19348 priced at $449,500 converts $3,121/mo rent into $176/mo cash flow after a $2,200/mo obligation. Total monthly income equals $3,121/mo, and annual cash flow totals $2,107/yr on $149,009 invested. Return on cash invested prints 21.32% in year one, and rental yield reads 8.33% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 110.9% and total cumulative return in cash sums $165,245. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,121/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19348, Kennett Square, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,073 (100%) |
| Owner Occupied HU | 6,803 (67.5%) |
| Renter Occupied HU | 2,504 (24.9%) |
| Vacant Housing Units | 766 ( 7.6%) |
| Median Home Value | $604,956 |
| Average Home Value | $653,696 |
Housing Distribution
Address Breakdown
Residential
9,333
Single Family
7,868
Multi-Family
1,465
Businesses
976
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Listed by: Karen Sparano • Clear Sky Real Estate Consulting
Mls Name: Bright MLS
Mls ID: #PACT2109250