1241 S 24th St UNIT BPhiladelphiaPA19146
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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 1241 S 24th St UNIT B, Philadelphia, PA, 19146 earns $648/mo cash flow from $2,941/mo rent with a $1,713/mo payment. Total monthly income totals $2,941/mo, and annual cash flow totals $7,771/yr on $116,025 capital. ROI tracks 26.61% on current figures, and rental yield reads 10.08% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 139.24% and total cumulative return in cash sums $161,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,941/mo property income instead of your personal income.
Condo
Built in 2019
960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19146, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,243 (100%) |
| Owner Occupied HU | 10,245 (44.1%) |
| Renter Occupied HU | 10,161 (43.7%) |
| Vacant Housing Units | 2,837 (12.2%) |
| Median Home Value | $515,279 |
| Average Home Value | $560,784 |
Housing Distribution
Address Breakdown
Residential
21,414
Single Family
17,485
Multi-Family
3,929
Businesses
973
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Listed by: Jamie Quinn • Keller Williams Main Line
Mls Name: Bright MLS
Mls ID: #PAPH2552754