9 W Hinckley AveRidley ParkPA19078
Nearby investment properties with comparable rents
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
Rental property for sale in Ridley Park at 9 W Hinckley Ave, Ridley Park, PA, 19078 offers $2,290/mo rent that, after a $2,839/mo payment. Total monthly income is $2,290/mo. Return on cash invested measures 10.56% in year one, and rental yield stands at 4.74% at a $580,000 entry. Equity gained on principal adds $3,743/yr while 5% annual appreciation compounds into $160,243 by year five. Five-year ROI records 53.17% and total cumulative return in cash reaches $101,457. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,290/mo property income versus a $2,839/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19078, Ridley Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,996 (100%) |
| Owner Occupied HU | 3,312 (66.3%) |
| Renter Occupied HU | 1,512 (30.3%) |
| Vacant Housing Units | 172 ( 3.4%) |
| Median Home Value | $282,042 |
| Average Home Value | $313,844 |
Housing Distribution
Address Breakdown
Residential
4,873
Single Family
4,196
Multi-Family
677
Businesses
209
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Listed by: Fran Jones • Keller Williams Realty Devon-Wayne
Mls Name: Bright MLS
Mls ID: #PADE2107288