413 Spring StGrove CityPA16127
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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 Grove City at 413 Spring St, Grove City, PA, 16127 listed at $189,900 pairs $1,728/mo rent with a $929/mo payment to leave $484/mo cash flow. Total monthly income runs $1,728/mo, and annual cash flow reaches $5,809/yr on $62,952 cash to close. Return on cash invested measures 29.14% in year one, and rental yield registers 10.92% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 152.87% and total cumulative return in cash totals $96,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,728/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16127, Grove City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,941 (100%) |
| Owner Occupied HU | 4,054 (68.2%) |
| Renter Occupied HU | 1,361 (22.9%) |
| Vacant Housing Units | 526 ( 8.9%) |
| Median Home Value | $250,518 |
| Average Home Value | $292,512 |
Housing Distribution
Address Breakdown
Residential
5,485
Single Family
5,343
Multi-Family
142
Businesses
574
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Listed by: Gabriel Gordon • BONNER REALTY LLC
Mls Name: WPMLS
Mls ID: #1707351