511 Corinthian AveEssingtonPA19029
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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 Essington at 511 Corinthian Ave, Essington, PA, 19029 generates $2,782/mo in rent and, after a $2,055/mo payment, leaves $31/mo in cash flow. Total monthly income is $2,782/mo, and annual cash flow is $368/yr on $139,197 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 7.95% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 104.73% and total cumulative return in cash sums $145,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,782/mo property income rather than buyer’s personal income.
Multi Family
Built in 1985
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19029, Essington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,888 (100%) |
| Owner Occupied HU | 1,146 (60.7%) |
| Renter Occupied HU | 577 (30.6%) |
| Vacant Housing Units | 165 ( 8.7%) |
| Median Home Value | $231,589 |
| Average Home Value | $273,103 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,769
Multi-Family
62
Businesses
241
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Listed by: John D'Ambrosio • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PADE2101008