1635 Spring Ave, Jenkintown, PA, 19046 | $131/mo Cash Flow

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1635 Spring Ave, Jenkintown, PA, 19046 | $131/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Jenkintown at 1635 Spring Ave, Jenkintown, PA, 19046 uses $213,850 cash to close to unlock $1,573/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $4,390/mo, and a $3,181/mo payment keeps the spread at $131/mo. Purchase price stands at $650,000, and rental yield measures 8.1% with $4,390/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 108.07% and total cumulative return in cash records $231,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,390/mo property income covering a $3,181/mo payment rather than investor’s personal income.

Single Family

Built in 1905

7,275 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this absolutely charming one-of-a-kind twin right in the heart of Jenkintown in the highly sought after Abington Township. Situated a stones throw from the light rail, coffee shop, local resturants and grocery stores this location is unmatched. Nestled in a beautiful large landscaped lot, that has been lovingly maintained and thoughtfully cared for an absolute gem. Inside the main residence is a sprawling first floor equipped with a large dining room, half bath, efficient kitchen, the perfect living room for entertaining and breath-taking sunroom. A room perfect to be enjoyed for all seasons. Upstairs there are multiple bedrooms, bathrooms, and walk-in closets that provide plenty of flexibility and comfort. What is so unique with this twin, it has a first-floor master in-law/ Au Pair suite, located with its own separate entrance, provides for versatility and perfect for todays multifaceted lifestyle. With a spacious layout and plenty of natural sunlight the suite provides a unique opportunity. Equipped with two separate bedrooms, a spacious living room, its own fully functional kitchen and large private bathroom with a walk-in tub this is a home on its own. This is one that will not sit long!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19046, Jenkintown, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,533 (100%)
Owner Occupied HU	5,429 (63.6%)
Renter Occupied HU	2,311 (27.1%)
Vacant Housing Units	793 ( 9.3%)
Median Home Value	$539,899
Average Home Value	$617,418