30 Wayne AveSpringfieldPA19064
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 30 Wayne Ave, Springfield, PA, 19064 at $399,999 posts ROI 21.13% with $135/mo cash flow from $2,756/mo rent. Total monthly income equals $2,756/mo, and annual cash flow records $1,616/yr on $132,600 to close. Return on cash invested measures 21.13% and rental yield reads 8.27% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 109.86% and total cumulative return in cash totals $145,671.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,756/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
4,792 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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Listed by: Mike Mulholland • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PADE2101740