711 Washington Pl #11WaynePA19087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wayne at 711 Washington Pl #11, Wayne, PA, 19087 listed at $350,000 pairs $2,453/mo rent with a $1,713/mo payment. Total monthly income runs $2,453/mo. Return on cash invested measures 18.3% in year one, and rental yield registers 8.41% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 95.9% and total cumulative return in cash totals $111,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,453/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19087, Wayne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,750 (100%) |
| Owner Occupied HU | 9,865 (71.7%) |
| Renter Occupied HU | 3,060 (22.3%) |
| Vacant Housing Units | 825 ( 6.0%) |
| Median Home Value | $760,866 |
| Average Home Value | $824,340 |
Housing Distribution
Address Breakdown
Residential
12,978
Single Family
11,003
Multi-Family
1,975
Businesses
1,664
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meghan Lanier • Compass RE
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PACT2100156
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)