1414 S Penn Sq W UNIT 24-FPhiladelphiaPA19102
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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
Rental property for sale in Philadelphia at 1414 S Penn Sq W UNIT 24-F, Philadelphia, PA, 19102 generates $3,192/mo in rent, after a $6,192/mo payment. Total monthly income is $3,192/mo. Return on cash invested sits at 5.44% in year one, and rental yield is 3.03% on a $1,265,000 entry. Equity gained on principal adds $8,163/yr, while 5% annual appreciation builds toward $349,496 over five years. Five-year ROI reaches 25.67% and total cumulative return in cash sums $105,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,192/mo property income rather than buyer’s personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19102, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,553 (100%) |
| Owner Occupied HU | 911 (16.4%) |
| Renter Occupied HU | 3,869 (69.7%) |
| Vacant Housing Units | 773 (13.9%) |
| Median Home Value | $562,500 |
| Average Home Value | $677,925 |
Housing Distribution
Address Breakdown
Residential
5,522
Single Family
130
Multi-Family
5,392
Businesses
1,288
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Listed by: Andy Oei • BHHS Fox & Roach At the Harper, Rittenhouse Square
Mls Name: Bright MLS
Mls ID: #PAPH2568032