724 Parklane RdSwarthmorePA19081
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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 Swarthmore at 724 Parklane Rd, Swarthmore, PA, 19081 priced at $375,000 pairs $2,916/mo rent with $459/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,916/mo, and annual cash flow comes to $5,509/yr on $124,313 invested. Return on cash invested is 24.34% in year one, and rental yield stands at 9.33% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 127.11% and total cumulative return in cash reaches $158,019. For financing, Ziffy Mortgage’s DSCR program evaluates $2,916/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19081, Swarthmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,022 (100%) |
| Owner Occupied HU | 2,970 (73.8%) |
| Renter Occupied HU | 895 (22.3%) |
| Vacant Housing Units | 157 ( 3.9%) |
| Median Home Value | $448,911 |
| Average Home Value | $480,513 |
Housing Distribution
Address Breakdown
Residential
3,661
Single Family
3,038
Multi-Family
623
Businesses
271
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Listed by: Mike Mulholland • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PADE2099494