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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Elkins Park at 8302 Old York Rd APT B24, Elkins Park, PA, 19027 generates $3,221/mo in rent and, after a $1,908/mo payment, leaves $666/mo in cash flow. Total monthly income is $3,221/mo, and annual cash flow is $7,997/yr on $129,252 invested. Return on cash invested sits at 26.1% in year one, and rental yield is 9.91% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 136.51% and total cumulative return in cash sums $176,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,221/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19027, Elkins Park, PA area.
| 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 |
Residential
8,438
Single Family
7,124
Multi-Family
1,314
Businesses
724
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Linda Brouse • BHHS Fox & Roach-Jenkintown
Mls Name: Bright MLS
Mls ID: #PAMC2162166
