530 Richards 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 530 Richards Rd, Kennett Square, PA, 19348 offers $3,112/mo rent that, after a $3,181/mo payment. Total monthly income is $3,112/mo. Return on cash invested measures 13.62% in year one, and rental yield stands at 5.75% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 69.6% and total cumulative return in cash reaches $148,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,112/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
7,500 sqft 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: Holly Gross • BHHS Fox & Roach-West Chester
Mls Name: Bright MLS
Mls ID: #PACT2114810