124 Bolard AveCambridge SpringsPA16403
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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 Cambridge Springs at 124 Bolard Ave, Cambridge Springs, PA, 16403 uses $72,897 cash to close to unlock $796/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $1,076/mo payment keeps the spread at $66/mo. Purchase price stands at $219,900, and rental yield measures 8.22% with $1,507/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 109.21% and total cumulative return in cash records $79,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16403, Cambridge Springs, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,513 (100%) |
| Owner Occupied HU | 1,726 (68.7%) |
| Renter Occupied HU | 487 (19.4%) |
| Vacant Housing Units | 300 (11.9%) |
| Median Home Value | $189,161 |
| Average Home Value | $224,264 |
Housing Distribution
Address Breakdown
Residential
2,297
Single Family
2,237
Multi-Family
60
Businesses
125
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Listed by: Jarvis Sanders • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #181575
Disclaimer: IDX 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.