118 E Springer StPhiladelphiaPA19119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 118 E Springer St, Philadelphia, PA, 19119 listed at $179,900 pairs $1,414/mo rent with a $881/mo payment to leave $235/mo cash flow. Total monthly income runs $1,414/mo, and annual cash flow reaches $2,816/yr on $59,637 cash to close. Return on cash invested measures 24.63% in year one, and rental yield registers 9.43% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 128.67% and total cumulative return in cash totals $76,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,414/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
1,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19119, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,044 (100%) |
| Owner Occupied HU | 7,322 (56.1%) |
| Renter Occupied HU | 4,750 (36.4%) |
| Vacant Housing Units | 972 ( 7.5%) |
| Median Home Value | $387,607 |
| Average Home Value | $448,192 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
9,666
Multi-Family
2,962
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Nelson • Genstone Realty
Mls Name: Bright MLS
Mls ID: #PAPH2577910