64 E Spring Ave, Ardmore, PA, 19003 | $347/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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64 E Spring Ave, Ardmore, PA, 19003 | $347/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Ardmore at 64 E Spring Ave, Ardmore, PA, 19003 generates $3,944/mo in rent and, after a $2,687/mo payment, leaves $347/mo in cash flow. Total monthly income is $3,944/mo, and annual cash flow is $4,159/yr on $180,621 invested. Return on cash invested sits at 22.36% in year one, and rental yield is 8.62% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 116.46% and total cumulative return in cash sums $210,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,944/mo property income rather than buyer’s personal income.

Townhouse

Built in 1910

1,439 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 64 E Spring Avenue, nestled in the heart of desirable Lower Merion Township!This fully renovated end-of-row home beautifully blends timeless Ardmore charm with modern design and functionality. Featuring three bedrooms and two and a half baths, the home is filled with natural light and showcases new oak flooring, solid-core doors, energy-efficient Pella windows, and soaring 10-foot ceilings throughout. The open-concept main level offers spacious living and dining areas that flow seamlessly into a gorgeous new kitchen complete with quartz countertops, upgraded stainless-steel appliances, a microwave drawer, and a striking designer backsplash. Every detail has been thoughtfully selected to elevate both style and comfort. Upstairs, discover three bright bedrooms with custom closet organizers and the convenience of a second-floor laundry area. The primary suite includes a private ensuite bath with high-end finishes. This home also features a brand-new, energy-efficient HVAC system, all-new plumbing and electrical, and custom modern railings that add a contemporary architectural touch. A new French drain system in the basement ensures a dry lower levelperfect for clean storage and peace of mind. Outside, enjoy a grassy fenced backyard ideal for relaxing or entertaining, along with updated exterior finishes that boost the homes curb appeal. Ideally located near Suburban Square, the Ardmore Train Station, local shops, and restaurantsall within the award-winning Lower Merion School Districtthis property delivers the perfect blend of modern living and Main Line convenience.

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