88 Summit AveChadds FordPA19317
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Nearby investment properties with comparable prices
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 Chadds Ford at 88 Summit Ave, Chadds Ford, PA, 19317 listed at $500,000 pairs $3,085/mo rent with a $2,447/mo payment. Total monthly income runs $3,085/mo. Return on cash invested measures 18.53% in year one, and rental yield registers 7.4% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 95.89% and total cumulative return in cash totals $158,936. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,085/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19317, Chadds Ford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,105 (100%) |
| Owner Occupied HU | 3,184 (77.6%) |
| Renter Occupied HU | 743 (18.1%) |
| Vacant Housing Units | 178 ( 4.3%) |
| Median Home Value | $732,337 |
| Average Home Value | $812,249 |
Housing Distribution
Address Breakdown
Residential
4,116
Single Family
3,516
Multi-Family
600
Businesses
562
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Listed by: Shannon M Schwab • VRA Realty
Mls Name: Bright MLS
Mls ID: #PADE2104120