10922 Lockart RdPhiladelphiaPA19116
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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 Philadelphia at 10922 Lockart Rd, Philadelphia, PA, 19116 offers a 9.01% rental yield on a $400,000 purchase with $3,002/mo rent. Total monthly income registers $3,002/mo, and a $1,958/mo payment leaves $381/mo available for distribution. Annual cash flow reaches $4,568/yr on $132,600 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 121.79% and total cumulative return in cash at $161,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,002/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
4,174 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19116, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,139 (100%) |
| Owner Occupied HU | 7,925 (56.1%) |
| Renter Occupied HU | 5,772 (40.8%) |
| Vacant Housing Units | 442 ( 3.1%) |
| Median Home Value | $341,832 |
| Average Home Value | $360,989 |
Housing Distribution
Address Breakdown
Residential
13,472
Single Family
11,363
Multi-Family
2,109
Businesses
744
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Listed by: Trainson Abraham • VRA Realty
Mls Name: Bright MLS
Mls ID: #PAPH2413740