108 W Spring Ave APT 6ArdmorePA19003
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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 Ardmore at 108 W Spring Ave APT 6, Ardmore, PA, 19003 offers a 8.26% rental yield on a $260,000 purchase with $1,790/mo rent. 9% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 93.72% and total cumulative return in cash at $80,777. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,790/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1975
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19003, Ardmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 3,774 (58.4%) |
| Renter Occupied HU | 2,356 (36.4%) |
| Vacant Housing Units | 337 ( 5.2%) |
| Median Home Value | $529,520 |
| Average Home Value | $612,182 |
Housing Distribution
Address Breakdown
Residential
6,005
Single Family
4,637
Multi-Family
1,368
Businesses
791
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Listed by: Mary Jo Potts • Elfant Wissahickon-Mt Airy
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAMC2154822
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