1321 W Erie AvePhiladelphiaPA19140
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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 1321 W Erie Ave, Philadelphia, PA, 19140 earns from $1,476/mo rent with a $2,080/mo payment. Total monthly income totals $1,476/mo. ROI tracks 8.76% on current figures, and rental yield reads 4.17% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 43.56% and total cumulative return in cash sums $61,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,476/mo property income instead of your personal income.
Multi Family
Built in 1915
1,860 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19140, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,416 (100%) |
| Owner Occupied HU | 8,647 (38.6%) |
| Renter Occupied HU | 10,488 (46.8%) |
| Vacant Housing Units | 3,281 (14.6%) |
| Median Home Value | $98,038 |
| Average Home Value | $185,799 |
Housing Distribution
Address Breakdown
Residential
19,872
Single Family
18,671
Multi-Family
1,201
Businesses
1,473
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Listed by: Greg Hayes • United Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2580436