442 E Spring AveArdmorePA19003
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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 Ardmore at 442 E Spring Ave, Ardmore, PA, 19003 generates $3,480/mo in rent, after a $5,526/mo payment. Total monthly income is $3,480/mo. Return on cash invested sits at 7.52% in year one, and rental yield is 3.7% on a $1,129,000 entry. Equity gained on principal adds $7,285/yr, while 5% annual appreciation builds toward $311,922 over five years. Five-year ROI reaches 36.77% and total cumulative return in cash sums $134,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19003, Ardmore, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 3,774 (58.4%) |
| Renter Occupied HU | 2,356 (36.4%) |
| Vacant Housing Units | 337 ( 5.2%) |
| Median Home Value | $529,520 |
| Average Home Value | $612,182 |
Housing Distribution
Address Breakdown
Residential
6,005
Single Family
4,637
Multi-Family
1,368
Businesses
791
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Listed by: Betty Angelucci • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #PAMC2162608