1023 Springfield CtRenfrewPA16053
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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 Renfrew at 1023 Springfield Ct, Renfrew, PA, 16053 earns from $2,146/mo rent with a $1,591/mo payment. Total monthly income totals $2,146/mo. ROI tracks 16.48% on current figures, and rental yield reads 7.92% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 86.28% and total cumulative return in cash sums $92,953. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,146/mo property income instead of your personal income.
Condo
Built in 2003
3,131 sqft lot
$N/A/sqft
$324 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16053, Renfrew, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,926 (100%) |
| Owner Occupied HU | 1,614 (83.8%) |
| Renter Occupied HU | 208 (10.8%) |
| Vacant Housing Units | 104 ( 5.4%) |
| Median Home Value | $378,238 |
| Average Home Value | $408,648 |
Housing Distribution
Address Breakdown
Residential
1,814
Single Family
1,746
Multi-Family
68
Businesses
64
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Listed by: Lorraine DiDomenico • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1717714
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.