1822 Nolan StPhiladelphiaPA19138
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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 1822 Nolan St, Philadelphia, PA, 19138 generates $2,370/mo in rent and, after a $1,415/mo payment, leaves $476/mo in cash flow. Total monthly income is $2,370/mo, and annual cash flow is $5,709/yr on $95,804 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.84% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash sums $129,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,370/mo property income rather than buyer’s personal income.
Townhouse
Built in 1925
1,280 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: Bob Merritt • Gold Keys Real Estate Specialists
Mls Name: Bright MLS
Mls ID: #PAPH2573868