1402 S 2nd StPhiladelphiaPA19147
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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 1402 S 2nd St, Philadelphia, PA, 19147 earns $77/mo cash flow from $3,190/mo rent with a $2,325/mo payment. Total monthly income totals $3,190/mo, and annual cash flow totals $927/yr on $157,463 capital. ROI tracks 20.5% on current figures, and rental yield reads 8.06% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 106.5% and total cumulative return in cash sums $167,695. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,190/mo property income instead of your personal income.
Multi Family
Built in 1915
937 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19147, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,039 (100%) |
| Owner Occupied HU | 10,000 (45.4%) |
| Renter Occupied HU | 10,052 (45.6%) |
| Vacant Housing Units | 1,987 ( 9.0%) |
| Median Home Value | $567,746 |
| Average Home Value | $608,850 |
Housing Distribution
Address Breakdown
Residential
19,859
Single Family
15,182
Multi-Family
4,677
Businesses
1,768
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Listed by: Paris Luong • Tesla Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2580000