623 Wynnewood RdArdmorePA19003
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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 Ardmore at 623 Wynnewood Rd, Ardmore, PA, 19003 priced at $375,000 converts $2,962/mo rent into $505/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,962/mo, and annual cash flow totals $6,061/yr on $124,313 invested. Return on cash invested prints 24.78% in year one, and rental yield reads 9.48% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 129.5% and total cumulative return in cash sums $160,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,962/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1929
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19003, Ardmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 3,774 (58.4%) |
| Renter Occupied HU | 2,356 (36.4%) |
| Vacant Housing Units | 337 ( 5.2%) |
| Median Home Value | $529,520 |
| Average Home Value | $612,182 |
Housing Distribution
Address Breakdown
Residential
6,005
Single Family
4,637
Multi-Family
1,368
Businesses
791
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Listed by: Tom Toole III • RE/MAX Main Line-West Chester
Mls Name: Bright MLS
Mls ID: #PADE2102436