1548 Spring Garden AveBerwickPA18603
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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 Berwick at 1548 Spring Garden Ave, Berwick, PA, 18603 earns $208/mo cash flow from $1,616/mo rent with a $1,052/mo payment. Total monthly income totals $1,616/mo, and annual cash flow totals $2,492/yr on $71,239 capital. ROI tracks 23.41% on current figures, and rental yield reads 9.02% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 122.1% and total cumulative return in cash sums $86,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Multi Family
Built in 1947
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: SHANNON KULP AUCHTER • PRO Real Estate Services, Inc.
Mls Name: CSVBOR
Mls ID: #20-100989