7723 Mill RdElkins ParkPA19027
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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
Investment property for sale in Elkins Park at 7723 Mill Rd, Elkins Park, PA, 19027 offers a 8.6% rental yield on a $330,000 purchase with $2,365/mo rent. Total monthly income registers $2,365/mo, and a $1,615/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,433/yr on $109,395 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 115.24% and total cumulative return in cash at $126,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,365/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19027, Elkins Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,693 (100%) |
| Owner Occupied HU | 5,206 (59.9%) |
| Renter Occupied HU | 2,955 (34.0%) |
| Vacant Housing Units | 532 ( 6.1%) |
| Median Home Value | $463,830 |
| Average Home Value | $497,950 |
Housing Distribution
Address Breakdown
Residential
8,438
Single Family
7,124
Multi-Family
1,314
Businesses
724
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Listed by: Mr. Dale Kessler JR. • Realty 365
Mls Name: Bright MLS
Mls ID: #PAMC2162678