1313 S 23rd StPhiladelphiaPA19146
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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 1313 S 23rd St, Philadelphia, PA, 19146 offers a 11.24% rental yield on a $246,100 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,205/mo payment leaves $692/mo available for distribution. Annual cash flow reaches $8,303/yr on $81,582 to close, and return on cash invested stands at 30.09% in year one. Equity gained on principal adds $1,588/yr while 5% annual appreciation supports $67,993 over five years. Portfolio math shows five-year ROI at 157.9% and total cumulative return in cash at $128,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,205/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1923
1,132 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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Nearby investment properties with comparable prices
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