1216 W Ritner StPhiladelphiaPA19148
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 1216 W Ritner St, Philadelphia, PA, 19148 offers a 5.91% rental yield on a $390,000 purchase with $1,920/mo rent. 01% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 71.7% and total cumulative return in cash at $92,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1940
1,042 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19148, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,415 (100%) |
| Owner Occupied HU | 12,697 (56.6%) |
| Renter Occupied HU | 7,947 (35.5%) |
| Vacant Housing Units | 1,771 ( 7.9%) |
| Median Home Value | $335,838 |
| Average Home Value | $375,383 |
Housing Distribution
Address Breakdown
Residential
21,658
Single Family
20,999
Multi-Family
659
Businesses
1,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Pacienza • Spectrum Realty
Mls Name: Bright MLS
Mls ID: #PAPH2573534