1317 Wakeling StPhiladelphiaPA19124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1317 Wakeling St, Philadelphia, PA, 19124 in Philadelphia. Priced at $354,900, it generates $5,017/mo in gross rent and $2,692/mo in net monthly cash flow, a 16.96% yield that comfortably supports the 3.14 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $32,299. Five-year appreciation: $98,052. Equity from principal paydown: $3,269/yr. Total projected cumulative return: $308,336.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17% | 5.8% |
| Monthly Cash Flow | $2,692 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,017 |
| Total Monthly Debt Service | $2,184 |
| DSCR Ratio | 2.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
2,865 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19124, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,294 (100%) |
| Owner Occupied HU | 12,050 (47.6%) |
| Renter Occupied HU | 11,303 (44.7%) |
| Vacant Housing Units | 1,941 ( 7.7%) |
| Median Home Value | $166,358 |
| Average Home Value | $235,010 |
Housing Distribution
Address Breakdown
Residential
23,238
Single Family
21,703
Multi-Family
1,535
Businesses
1,689
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
Single Family
Built in 1940
2,865 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19124, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,294 (100%) |
| Owner Occupied HU | 12,050 (47.6%) |
| Renter Occupied HU | 11,303 (44.7%) |
| Vacant Housing Units | 1,941 ( 7.7%) |
| Median Home Value | $166,358 |
| Average Home Value | $235,010 |
Housing Distribution
Address Breakdown
Residential
23,238
Single Family
21,703
Multi-Family
1,535
Businesses
1,689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices