








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Philadelphia at 1606 S 2nd St, Philadelphia, PA, 19148 generates $2,951/mo in rent and, after a $1,679/mo payment, leaves $703/mo in cash flow. Total monthly income is $2,951/mo, and annual cash flow is $8,438/yr on $113,705 invested. Return on cash invested sits at 27.33% in year one, and rental yield is 10.32% on a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation builds toward $94,765 over five years. Five-year ROI reaches 143.14% and total cumulative return in cash sums $162,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,951/mo property income rather than buyer’s personal income.
Townhouse
Built in 1915
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19148, Philadelphia, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,415 (100%) |
| Owner Occupied HU | 12,697 (56.6%) |
| Renter Occupied HU | 7,947 (35.5%) |
| Vacant Housing Units | 1,771 ( 7.9%) |
| Median Home Value | $335,838 |
| Average Home Value | $375,383 |
Residential
21,658
Single Family
20,999
Multi-Family
659
Businesses
1,485
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Price change | $450,000 |
| 2024-06-25 | Price change | $479,000 |
| 2023-10-12 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-12 | $4801.31 | 183.00% | $343,000 | 14.45% |
| 2024-10-12 | $1696.56 | N/A | $299,700 | N/A |
| 2023-10-12 | $1696.56 | N/A | $299,700 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A