1214 S Melville StPhiladelphiaPA19143
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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 1214 S Melville St, Philadelphia, PA, 19143 generates $1,033/mo in rent and, after a $661/mo payment, leaves $148/mo in cash flow. Total monthly income is $1,033/mo, and annual cash flow is $1,777/yr on $44,753 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.18% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 124.71% and total cumulative return in cash sums $55,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,033/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19143, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,738 (100%) |
| Owner Occupied HU | 13,092 (42.6%) |
| Renter Occupied HU | 13,690 (44.5%) |
| Vacant Housing Units | 3,956 (12.9%) |
| Median Home Value | $195,169 |
| Average Home Value | $275,073 |
Housing Distribution
Address Breakdown
Residential
27,045
Single Family
22,885
Multi-Family
4,160
Businesses
995
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Listed by: N/A • N/A
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