171 W Norris StPhiladelphiaPA19122
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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 171 W Norris St, Philadelphia, PA, 19122 offers $2,060/mo rent that, after a $1,957/mo payment. Total monthly income is $2,060/mo. Return on cash invested measures 14.84% in year one, and rental yield stands at 6.18% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 76.12% and total cumulative return in cash reaches $100,916. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,060/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
1,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19122, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,033 (100%) |
| Owner Occupied HU | 3,702 (28.4%) |
| Renter Occupied HU | 7,172 (55.0%) |
| Vacant Housing Units | 2,159 (16.6%) |
| Median Home Value | $371,249 |
| Average Home Value | $420,725 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
7,779
Multi-Family
4,504
Businesses
886
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Listed by: Abe Thomson • RE/MAX Ready
Mls Name: Bright MLS
Mls ID: #PAPH2560774