62 Park AveEast FallowfieldPA19320
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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 East Fallowfield at 62 Park Ave, East Fallowfield, PA, 19320 priced at $500,000 pairs $2,532/mo rent with after a $2,447/mo payment. Total monthly income equals $2,532/mo. Return on cash invested is 14.52% in year one, and rental yield stands at 6.08% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 74.42% and total cumulative return in cash reaches $123,356. For financing, Ziffy Mortgage’s DSCR program evaluates $2,532/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19320, Coatesville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,187 (100%) |
| Owner Occupied HU | 15,251 (68.7%) |
| Renter Occupied HU | 5,646 (25.4%) |
| Vacant Housing Units | 1,290 ( 5.8%) |
| Median Home Value | $393,980 |
| Average Home Value | $447,074 |
Housing Distribution
Address Breakdown
Residential
20,408
Single Family
19,591
Multi-Family
817
Businesses
704
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Listed by: Scott Furman • RE/MAX Classic
Mls Name: Bright MLS
Mls ID: #PACT2107110