2606 Springfield RdBroomallPA19008
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
Rental property for sale in Broomall at 2606 Springfield Rd, Broomall, PA, 19008 generates $3,636/mo in rent, after a $2,932/mo payment. Total monthly income is $3,636/mo. Return on cash invested sits at 18.3% in year one, and rental yield is 7.28% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 94.65% and total cumulative return in cash sums $186,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,636/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19008, Broomall, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,714 (100%) |
| Owner Occupied HU | 6,358 (82.4%) |
| Renter Occupied HU | 1,166 (15.1%) |
| Vacant Housing Units | 190 ( 2.5%) |
| Median Home Value | $504,537 |
| Average Home Value | $553,623 |
Housing Distribution
Address Breakdown
Residential
7,726
Single Family
7,149
Multi-Family
577
Businesses
717
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rory Burkhart • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PADE2102002