2016 S 23rd 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
Investment property for sale in Philadelphia at 2016 S 23rd St, Philadelphia, PA, 19145 offers a 6.78% rental yield on a $339,900 purchase with $1,921/mo rent. 64% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 85.83% and total cumulative return in cash at $96,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,921/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
798 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: John Galster • Sovereign Home Realty
Mls Name: Bright MLS
Mls ID: #PAPH2557762