15150 Carter Rd NPhiladelphiaPA19116
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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 15150 Carter Rd N, Philadelphia, PA, 19116 uses $119,307 cash to close to unlock $14,894/yr annual cash flow and $1,241/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $1,762/mo payment keeps the spread at $1,241/mo. Purchase price stands at $359,900, and rental yield measures 12% with $3,600/mo rent. Return on cash invested shows 32.39% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 170.29% and total cumulative return in cash records $203,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1961
3,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19116, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,139 (100%) |
| Owner Occupied HU | 7,925 (56.1%) |
| Renter Occupied HU | 5,772 (40.8%) |
| Vacant Housing Units | 442 ( 3.1%) |
| Median Home Value | $341,832 |
| Average Home Value | $360,989 |
Housing Distribution
Address Breakdown
Residential
13,472
Single Family
11,363
Multi-Family
2,109
Businesses
744
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Listed by: Joanna Gouak • Re/Max One Realty
Mls Name: Bright MLS
Mls ID: #PAPH2576798