31 Wayfield RdSpringfieldPA19064
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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
Rental property for sale in Springfield at 31 Wayfield Rd, Springfield, PA, 19064 priced at $525,000 pairs $2,701/mo rent with after a $2,570/mo payment. Total monthly income equals $2,701/mo. Return on cash invested is 14.92% in year one, and rental yield stands at 6.17% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 76.56% and total cumulative return in cash reaches $132,237. For financing, Ziffy Mortgage’s DSCR program evaluates $2,701/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
7,405 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: Parker Wolfe • Prime Home Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PADE2106060