1938 N Gratz StPhiladelphiaPA19121
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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 1938 N Gratz St, Philadelphia, PA, 19121 generates $2,023/mo in rent, after a $2,765/mo payment. Total monthly income is $2,023/mo. Return on cash invested sits at 9.22% in year one, and rental yield is 4.3% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 46% and total cumulative return in cash sums $85,503. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,023/mo property income rather than buyer’s personal income.
Apartment
Built in 2010
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19121, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 4,668 (21.8%) |
| Renter Occupied HU | 13,058 (61.0%) |
| Vacant Housing Units | 3,685 (17.2%) |
| Median Home Value | $279,940 |
| Average Home Value | $308,210 |
Housing Distribution
Address Breakdown
Residential
19,838
Single Family
14,715
Multi-Family
5,123
Businesses
745
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Listed by: N/A • N/A
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