1718 Folsom St #BPhiladelphiaPA19130
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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 1718 Folsom St #B, Philadelphia, PA, 19130 generates $3,420/mo in rent and, after a $2,434/mo payment, leaves $161/mo in cash flow. Total monthly income is $3,420/mo, and annual cash flow is $1,936/yr on $164,855 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 8.25% on a $497,300 entry. Equity gained on principal adds $3,209/yr, while 5% annual appreciation builds toward $137,395 over five years. Five-year ROI reaches 109.64% and total cumulative return in cash sums $180,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19130, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,828 (100%) |
| Owner Occupied HU | 6,253 (33.2%) |
| Renter Occupied HU | 11,027 (58.6%) |
| Vacant Housing Units | 1,548 ( 8.2%) |
| Median Home Value | $561,193 |
| Average Home Value | $603,498 |
Housing Distribution
Address Breakdown
Residential
17,428
Single Family
7,172
Multi-Family
10,256
Businesses
784
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