2849 Ellis RdEast SpringfieldPA16411
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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 East Springfield at 2849 Ellis Rd, East Springfield, PA, 16411 earns from $1,141/mo rent with a $1,223/mo payment. Total monthly income totals $1,141/mo. ROI tracks 12.72% on current figures, and rental yield reads 5.48% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 64.77% and total cumulative return in cash sums $53,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,141/mo property income instead of your personal income.
Single Family
Built in 1900
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16411, East Springfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 642 (100%) |
| Owner Occupied HU | 433 (67.4%) |
| Renter Occupied HU | 81 (12.6%) |
| Vacant Housing Units | 128 (19.9%) |
| Median Home Value | $209,783 |
| Average Home Value | $280,947 |
Housing Distribution
Address Breakdown
Residential
525
Single Family
525
Multi-Family
0
Businesses
13
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Listed by: Justin Grubbs • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #183858
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.