1919 Chestnut St APT 2508, Philadelphia, PA, 19103 | 7.28% Rental Yield

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1919 Chestnut St APT 2508, Philadelphia, PA, 19103 | 7.28% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Philadelphia at 1919 Chestnut St APT 2508, Philadelphia, PA, 19103 earns from $3,269/mo rent with a $2,638/mo payment. Total monthly income totals $3,269/mo. ROI tracks 18.28% on current figures, and rental yield reads 7.28% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 94.58% and total cumulative return in cash sums $167,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,269/mo property income instead of your personal income.

Condo

Built in 1965

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the William Penn House in desirable RITTENHOUSE SQUARE! This SOUTH side, 1,134 sq ft 2 bedroom, 1 bathroom unit has been beautifully updated. The bright open living/dining room features sliders to the private BALCONY with amazing city views. The kitchen offers stainless steel appliances, subway tile backsplash, tons of counter and storage space. Primary bedroom with walk in closet, 2nd bedroom, full hall bath with walk-in shower and in-unit laundry complete the unit. This building features 24-hour Security and Doorman, On-Site Management and Maintenance, Rooftop Pool with amazing views of the city. On premise VALET PARKING available for 110 per month for one car. The monthly fee INCLUDES ALMOST EVERYTHING: All Utilities including electric, heat, air conditioning, water & basic cable, All Real Estate Taxes & Maintenance Package. This unit has an abundance of closet space, newer windows in unit! This spectacular building has NEVER HAD AN ASSESSMENT! Nominal real estate transfer tax & no title insurance required. Experience the ability to walk out your door to first class, 4-star restaurants, fabulous shopping & all the conveniences of this sought-after neighborhood. Walk score is a 98! One time admin fee paid at closing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19103, Philadelphia, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,227 (100%)
Owner Occupied HU	6,130 (27.6%)
Renter Occupied HU	13,428 (60.4%)
Vacant Housing Units	2,669 (12.0%)
Median Home Value	$615,409
Average Home Value	$748,307