7900 Old York Rd APT 414BElkins 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 7900 Old York Rd APT 414B, Elkins Park, PA, 19027 uses $49,394 cash to close to unlock $1,835/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $729/mo payment keeps the spread at $153/mo. Purchase price stands at $149,000, and rental yield measures 9.09% with $1,129/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash records $60,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $729/mo payment rather than investor’s personal income.
Condo
Built in 1957
N/A 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: Brian Lanoza • Century 21 Advantage Gold-Southampton
Mls Name: Bright MLS
Mls ID: #PAMC2157238