8201 New Second StElkins 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 8201 New Second St, Elkins Park, PA, 19027 uses $149,142 cash to close to unlock $14,735/yr annual cash flow and $1,228/mo monthly cash flow. Total monthly income runs $4,176/mo, and a $2,202/mo payment keeps the spread at $1,228/mo. Purchase price stands at $449,900, and rental yield measures 11.14% with $4,176/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 156.29% and total cumulative return in cash records $233,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,176/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1861
0.37 Acres 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: Melissa Avivi • Compass RE
Mls Name: Bright MLS
Mls ID: #PAMC2158114