22 Scenic RdSpringfieldPA19064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 22 Scenic Rd, Springfield, PA, 19064 at $679,900 posts ROI 8.7% with from $2,338/mo rent. Total monthly income equals $2,338/mo. Return on cash invested measures 8.7% and rental yield reads 4.13% at the current $679,900. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 by year five. Five-year ROI prints 43.19% and total cumulative return in cash totals $96,617. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,338/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,019 sqft 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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Nearby investment properties with comparable prices
Listed by: John McFadden • RE/MAX Hometown Realtors
Mls Name: Bright MLS
Mls ID: #PADE2102644