587 School House 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
Investment property for sale in Kennett Square at 587 School House Rd, Kennett Square, PA, 19348 with 5% annual appreciation on a $550,000 basis while $2,632/mo rent supports operations. 61% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 5.74%. Five-year ROI measures 69.52% and total cumulative return in cash totals $125,794. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,632/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
1.40 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: Denise Edwards • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #PACT2107314