160 N 2nd St #302PhiladelphiaPA19106
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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 160 N 2nd St #302, Philadelphia, PA, 19106 listed at $1,500,000 pairs $5,858/mo rent with a $7,342/mo payment. Total monthly income runs $5,858/mo. Return on cash invested measures 10.56% in year one, and rental yield registers 4.69% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 53.12% and total cumulative return in cash totals $258,155. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,858/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19106, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,104 (100%) |
| Owner Occupied HU | 3,600 (35.6%) |
| Renter Occupied HU | 5,442 (53.9%) |
| Vacant Housing Units | 1,062 (10.5%) |
| Median Home Value | $602,253 |
| Average Home Value | $691,668 |
Housing Distribution
Address Breakdown
Residential
9,551
Single Family
1,707
Multi-Family
7,844
Businesses
1,654
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Listed by: Jim Onesti • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2396026