507 Morton AveRidley ParkPA19078
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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 Ridley Park at 507 Morton Ave, Ridley Park, PA, 19078 uses $159,783 cash to close to unlock $7,664/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $3,797/mo, and a $2,359/mo payment keeps the spread at $639/mo. Purchase price stands at $482,000, and rental yield measures 9.45% with $3,797/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $133,168 over five years. Five-year ROI reaches 129.04% and total cumulative return in cash records $206,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,797/mo property income covering a $2,359/mo payment rather than investor’s personal income.
Single Family
Built in 1894
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19078, Ridley Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,996 (100%) |
| Owner Occupied HU | 3,312 (66.3%) |
| Renter Occupied HU | 1,512 (30.3%) |
| Vacant Housing Units | 172 ( 3.4%) |
| Median Home Value | $282,042 |
| Average Home Value | $313,844 |
Housing Distribution
Address Breakdown
Residential
4,873
Single Family
4,196
Multi-Family
677
Businesses
209
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Listed by: Jo Ann Furey • BHHS Fox & Roach-Media
Mls Name: Bright MLS
Mls ID: #PADE2104172