120 W Springfield AvePhiladelphiaPA19118
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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 Philadelphia at 120 W Springfield Ave, Philadelphia, PA, 19118 priced at $725,000 converts $5,689/mo rent into $938/mo cash flow after a $3,549/mo obligation. Total monthly income equals $5,689/mo, and annual cash flow totals $11,253/yr on $238,525 invested. Return on cash invested prints 24.78% in year one, and rental yield reads 9.42% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 129.39% and total cumulative return in cash sums $308,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,689/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19118, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,854 (100%) |
| Owner Occupied HU | 2,265 (46.7%) |
| Renter Occupied HU | 2,245 (46.3%) |
| Vacant Housing Units | 344 ( 7.1%) |
| Median Home Value | $641,678 |
| Average Home Value | $768,092 |
Housing Distribution
Address Breakdown
Residential
4,581
Single Family
3,189
Multi-Family
1,392
Businesses
587
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Listed by: Kathy Krebs • Elfant Wissahickon-Chestnut Hill
Mls Name: Bright MLS
Mls ID: #PAPH2533264