2014 Gerritt StPhiladelphiaPA19146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Philadelphia at 2014 Gerritt St, Philadelphia, PA, 19146 uses $61,328 cash to close to unlock $2,955/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,458/mo, and a $905/mo payment keeps the spread at $246/mo. Purchase price stands at $185,000, and rental yield measures 9.46% with $1,458/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 129.23% and total cumulative return in cash records $79,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,458/mo property income covering a $905/mo payment rather than investor’s personal income.
Townhouse
Built in 1923
672 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19146, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,243 (100%) |
| Owner Occupied HU | 10,245 (44.1%) |
| Renter Occupied HU | 10,161 (43.7%) |
| Vacant Housing Units | 2,837 (12.2%) |
| Median Home Value | $515,279 |
| Average Home Value | $560,784 |
Housing Distribution
Address Breakdown
Residential
21,414
Single Family
17,485
Multi-Family
3,929
Businesses
973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon C Williams • RE/MAX Affiliates
Mls Name: Bright MLS
Mls ID: #PAPH2552426