921 Pitman AveCollingdalePA19023
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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 Collingdale at 921 Pitman Ave, Collingdale, PA, 19023 offers a 9.54% rental yield on a $189,900 purchase with $1,510/mo rent. Total monthly income registers $1,510/mo, and a $929/mo payment leaves $266/mo available for distribution. Annual cash flow reaches $3,193/yr on $62,952 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 130.6% and total cumulative return in cash at $82,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19023, Darby, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,170 (49.5%) |
| Renter Occupied HU | 3,528 (41.9%) |
| Vacant Housing Units | 725 ( 8.6%) |
| Median Home Value | $144,434 |
| Average Home Value | $267,251 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,717
Multi-Family
326
Businesses
513
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Listed by: Ashley Jengehino • KW Empower
Mls Name: Bright MLS
Mls ID: #PADE2103746