1823 Morris StPhiladelphiaPA19145
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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 1823 Morris St, Philadelphia, PA, 19145 generates $2,070/mo in rent, after a $2,447/mo payment. Total monthly income is $2,070/mo. Return on cash invested sits at 11.18% in year one, and rental yield is 4.97% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 56.47% and total cumulative return in cash sums $93,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’s personal income.
Townhouse
Built in 1915
996 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19145, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,215 (100%) |
| Owner Occupied HU | 11,323 (53.4%) |
| Renter Occupied HU | 8,051 (37.9%) |
| Vacant Housing Units | 1,841 ( 8.7%) |
| Median Home Value | $346,099 |
| Average Home Value | $385,199 |
Housing Distribution
Address Breakdown
Residential
20,285
Single Family
18,834
Multi-Family
1,451
Businesses
1,220
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Listed by: Asha Faison • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2555850