609 Foster RdCheltenhamPA19012
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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 Cheltenham at 609 Foster Rd, Cheltenham, PA, 19012 offers $4,200/mo rent that, after a $2,834/mo payment, leaves $406/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $4,870/yr on $190,491 cash. Return on cash invested measures 22.62% in year one, and rental yield stands at 8.7% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 117.81% and total cumulative return in cash reaches $224,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19012, Cheltenham, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,524 (100%) |
| Owner Occupied HU | 2,096 (83.0%) |
| Renter Occupied HU | 323 (12.8%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $358,022 |
| Average Home Value | $387,032 |
Housing Distribution
Address Breakdown
Residential
2,498
Single Family
2,484
Multi-Family
14
Businesses
215
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Listed by: James Victor • JB Victor Realtors & Business Brokers
Mls Name: Bright MLS
Mls ID: #PAMC2157556