1588 Nicklaus DrSpringfieldPA19064
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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 Springfield at 1588 Nicklaus Dr, Springfield, PA, 19064 offers a 7.96% rental yield on a $400,000 purchase with $2,652/mo rent. Total monthly income registers $2,652/mo, and a $1,958/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $368/yr on $132,600 to close, and return on cash invested stands at 20.19% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 104.81% and total cumulative return in cash at $138,976. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,652/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19064, Springfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,075 (100%) |
| Owner Occupied HU | 8,204 (90.4%) |
| Renter Occupied HU | 683 ( 7.5%) |
| Vacant Housing Units | 188 ( 2.1%) |
| Median Home Value | $436,163 |
| Average Home Value | $461,679 |
Housing Distribution
Address Breakdown
Residential
8,974
Single Family
8,669
Multi-Family
305
Businesses
769
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Listed by: Tish Maloney • RE/MAX Hometown Realtors
Mls Name: Bright MLS
Mls ID: #PADE2106126