600 Runnymede Ave, Jenkintown, PA, 19046 | 6.93% Rental Yield

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600 Runnymede Ave, Jenkintown, PA, 19046 | 6.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jenkintown at 600 Runnymede Ave, Jenkintown, PA, 19046 offers a 6.93% rental yield on a $875,000 purchase with $5,054/mo rent. 23% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 88.89% and total cumulative return in cash at $255,899. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,054/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1923

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 600 Runnymede Avenue, a charming Colonial-style home nestled in the heart of Jenkintown, PA. This inviting residence boasts a first floor primary suite with 5 additional spacious bedrooms and 3.1 well-appointed bathrooms, perfectly accommodating a modern lifestyle. Step inside to discover a spacious 3,334 square feet of living space, where classic design meets contemporary comforts. The home features a first-floor primary suite, complete with a cozy gas fireplace, offering a serene retreat at the end of the day. The modern kitchen is a chef's delight, equipped with granite countertops and sleek stainless steel appliances, ideal for both everyday meals and entertaining guests. A standout feature of this home is the expansive great room, highlighted by a gas fireplace and its cathedral ceilings and elegant cherry built-ins, providing a perfect space for relaxation and social gatherings. Additional amenities include a finished basement, offering versatile space for a home office, gym, or play area, and a two-car garage for convenient parking and storage.Situated on a generous 11,326 square foot lot, the property offers ample outdoor space to enjoy, whether it's for summer barbecues, gardening, or simply soaking up the sun. This home combines the timeless appeal of Colonial architecture with modern amenities, making it a perfect sanctuary for those seeking comfort and style in the vibrant Jenkintown community.For more information, feel free to reach out and explore the possibilities of making this your new home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19046, Jenkintown, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,533 (100%)
Owner Occupied HU	5,429 (63.6%)
Renter Occupied HU	2,311 (27.1%)
Vacant Housing Units	793 ( 9.3%)
Median Home Value	$539,899
Average Home Value	$617,418