1607 S Bancroft StPhiladelphiaPA19145
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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
Rental property for sale in Philadelphia at 1607 S Bancroft St, Philadelphia, PA, 19145 offers $2,285/mo rent that, after a $1,590/mo payment, leaves $156/mo cash flow. Total monthly income is $2,285/mo, and annual cash flow is $1,874/yr on $107,704 cash. Return on cash invested measures 21.65% in year one, and rental yield stands at 8.44% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 112.68% and total cumulative return in cash reaches $121,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,285/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1923
700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19145, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,215 (100%) |
| Owner Occupied HU | 11,323 (53.4%) |
| Renter Occupied HU | 8,051 (37.9%) |
| Vacant Housing Units | 1,841 ( 8.7%) |
| Median Home Value | $346,099 |
| Average Home Value | $385,199 |
Housing Distribution
Address Breakdown
Residential
20,285
Single Family
18,834
Multi-Family
1,451
Businesses
1,220
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Listed by: Christopher Baker • Compass RE
Mls Name: Bright MLS
Mls ID: #PAPH2572088