1407 N 8th St #A2, Philadelphia, PA, 19122 | $372/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1407 N 8th St #A2, Philadelphia, PA, 19122 | $372/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Philadelphia at 1407 N 8th St #A2, Philadelphia, PA, 19122 offers a 9.24% rental yield on a $325,000 purchase with $2,502/mo rent. Total monthly income registers $2,502/mo, and a $1,591/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,464/yr on $107,738 to close, and return on cash invested stands at 24.05% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 125.58% and total cumulative return in cash at $135,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,502/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Apartment

Built in 2022

1 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover modern city living in this stunning 2-bedroom, 2.5-bathroom condo located in the rapidly growing Ludlow neighborhood. Built in 2022, this home offers contemporary design, thoughtful features, and unbeatable convenience just steps from Northern Liberties, Olde Kensington, and the exciting American Street Corridor. Inside, youll find an open layout with sleek finishes, central HVAC, and abundant natural light. The modern kitchen flows seamlessly into the living area, making it perfect for both everyday living and entertaining. Each bedroom includes its own full bathroom for added privacy, complemented by a convenient half bath for guests. Enjoy your own private backyardan ideal spot for relaxing or hosting. With easy access to regional rail, youre connected to the entire city, and for recreation, a nearby pickleball court adds to the neighborhoods vibrant energy. This is a fantastic opportunity to own a stylish, move-in-ready home in one of Philadelphias most up-and-coming areas.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19122, Philadelphia, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,033 (100%)
Owner Occupied HU	3,702 (28.4%)
Renter Occupied HU	7,172 (55.0%)
Vacant Housing Units	2,159 (16.6%)
Median Home Value	$371,249
Average Home Value	$420,725