516 Edgewood AveFolsomPA19033
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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 Folsom at 516 Edgewood Ave, Folsom, PA, 19033 offers $2,831/mo rent that, after a $1,713/mo payment, leaves $538/mo cash flow. Total monthly income is $2,831/mo, and annual cash flow is $6,451/yr on $116,025 cash. Return on cash invested measures 25.47% in year one, and rental yield stands at 9.71% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 133.15% and total cumulative return in cash reaches $154,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,831/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19033, Folsom, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,771 (100%) |
| Owner Occupied HU | 2,255 (81.4%) |
| Renter Occupied HU | 420 (15.2%) |
| Vacant Housing Units | 96 ( 3.5%) |
| Median Home Value | $320,134 |
| Average Home Value | $347,686 |
Housing Distribution
Address Breakdown
Residential
3,119
Single Family
2,833
Multi-Family
286
Businesses
274
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Listed by: Kevin Gallagher • RE/MAX Town & Country
Mls Name: Bright MLS
Mls ID: #PADE2097490