1615 Wakeling StPhiladelphiaPA19124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1615 Wakeling St, Philadelphia, PA, 19124 uses $49,692 cash to close to unlock $2,129/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,160/mo, and a $734/mo payment keeps the spread at $177/mo. Purchase price stands at $149,900, and rental yield measures 9.29% with $1,160/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 126.37% and total cumulative return in cash records $62,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,160/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1945
1,954 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19124, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,294 (100%) |
| Owner Occupied HU | 12,050 (47.6%) |
| Renter Occupied HU | 11,303 (44.7%) |
| Vacant Housing Units | 1,941 ( 7.7%) |
| Median Home Value | $166,358 |
| Average Home Value | $235,010 |
Housing Distribution
Address Breakdown
Residential
23,238
Single Family
21,703
Multi-Family
1,535
Businesses
1,689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jake Toyberman • Homestarr Realty
Mls Name: Bright MLS
Mls ID: #PAPH2558286