22998 Ellis RdCambridge 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 22998 Ellis Rd, Cambridge Springs, PA, 16403 uses $74,588 cash to close to unlock $6,778/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $1,101/mo payment keeps the spread at $565/mo. Purchase price stands at $225,000, and rental yield measures 10.87% with $2,039/mo rent. Return on cash invested shows 29% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 152.05% and total cumulative return in cash records $113,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1860
6.77 Acres 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: Julie Crosscut • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #185702