1610 E Walnut LnPhiladelphiaPA19138
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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 1610 E Walnut Ln, Philadelphia, PA, 19138 generates $1,189/mo in rent, after a $1,224/mo payment. Total monthly income is $1,189/mo. Return on cash invested sits at 13.4% in year one, and rental yield is 5.71% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 68.44% and total cumulative return in cash sums $56,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,189/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
2,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19138, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,252 (100%) |
| Owner Occupied HU | 8,354 (63.0%) |
| Renter Occupied HU | 3,687 (27.8%) |
| Vacant Housing Units | 1,211 ( 9.1%) |
| Median Home Value | $206,936 |
| Average Home Value | $312,950 |
Housing Distribution
Address Breakdown
Residential
12,652
Single Family
12,155
Multi-Family
497
Businesses
535
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Listed by: Juluia Jackson • Marvin Capps Realty Inc
Mls Name: Bright MLS
Mls ID: #PAPH2573998