1504 S 24th StPhiladelphiaPA19146
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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 1504 S 24th St, Philadelphia, PA, 19146 listed at $345,000 pairs $2,405/mo rent with a $1,689/mo payment to leave $144/mo cash flow. Total monthly income runs $2,405/mo, and annual cash flow reaches $1,726/yr on $114,368 cash to close. Return on cash invested measures 21.42% in year one, and rental yield registers 8.37% at a $345,000 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,317 by year five. Five-year ROI tracks 111.4% and total cumulative return in cash totals $127,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,405/mo property income relative to a $1,689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1925
930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19146, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,243 (100%) |
| Owner Occupied HU | 10,245 (44.1%) |
| Renter Occupied HU | 10,161 (43.7%) |
| Vacant Housing Units | 2,837 (12.2%) |
| Median Home Value | $515,279 |
| Average Home Value | $560,784 |
Housing Distribution
Address Breakdown
Residential
21,414
Single Family
17,485
Multi-Family
3,929
Businesses
973
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Listed by: Gretchen Frank • Keller Williams Main Line
Mls Name: Bright MLS
Mls ID: #PAPH2540840