531 Springfield 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
Investment property for sale in Folsom at 531 Springfield Ave, Folsom, PA, 19033 listed at $314,900 pairs $2,755/mo rent with a $1,541/mo payment to leave $692/mo cash flow. Total monthly income runs $2,755/mo, and annual cash flow reaches $8,301/yr on $104,389 cash to close. Return on cash invested measures 27.86% in year one, and rental yield registers 10.5% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 145.96% and total cumulative return in cash totals $152,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,755/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,227 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: Chris McGarry • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PADE2099388