2408 E Springwood DrGlenshawPA15116
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 Glenshaw at 2408 E Springwood Dr, Glenshaw, PA, 15116 with 5% annual appreciation on a $419,000 basis while $3,382/mo rent supports operations. Total monthly income totals $3,382/mo and a $2,051/mo payment preserves $605/mo for cash returns. Annual cash flow comes to $7,257/yr on $138,899 deployed, and return on cash invested reaches 25.13% in year one. Equity gained on principal adds $2,704/yr, and five-year appreciation sums $115,762 alongside rental yield of 9.69%. Five-year ROI measures 131.43% and total cumulative return in cash totals $182,561.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,382/mo property income versus a $2,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
9,260 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15116, Glenshaw, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,241 (100%) |
| Owner Occupied HU | 5,291 (84.8%) |
| Renter Occupied HU | 670 (10.7%) |
| Vacant Housing Units | 280 ( 4.5%) |
| Median Home Value | $276,712 |
| Average Home Value | $348,280 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,870
Multi-Family
308
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Cheponis • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1675452
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.