1444 N 2nd StPhiladelphiaPA19122
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1444 N 2nd St, Philadelphia, PA, 19122 in Philadelphia is capital appreciation. Rental yield 4.4%. The 4.4% gross yield at $599,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $165,493 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.82) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $116,788.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 5.8% |
| Monthly Cash Flow | $(1,730) | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,195 |
| Total Monthly Debt Service | $3,687 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1915
1,180 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
7,779
Multi-Family
4,504
Businesses
886
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
Townhouse
Built in 1915
1,180 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
7,779
Multi-Family
4,504
Businesses
886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theresa Bertsch • Edward H Meyer & Son INC
Mls Name: Bright MLS
Mls ID: #PAPH2560002