342 E Springfield 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
Investment property for sale in Springfield at 342 E Springfield Rd, Springfield, PA, 19064 with 5% annual appreciation on a $474,990 basis while $3,580/mo rent supports operations. Total monthly income totals $3,580/mo and a $2,325/mo payment preserves $467/mo for cash returns. Annual cash flow comes to $5,608/yr on $157,459 deployed, and return on cash invested reaches 23.47% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,231 alongside rental yield of 9.04%. Five-year ROI measures 122.43% and total cumulative return in cash totals $192,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,580/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,970 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: Maulik Shah • Homestarr Realty
Mls Name: Bright MLS
Mls ID: #PADE2097764