2034 S 3rd StPhiladelphiaPA19148
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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 2034 S 3rd St, Philadelphia, PA, 19148 offers a 6.76% rental yield on a $375,000 purchase with $2,112/mo rent. 58% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 85.5% and total cumulative return in cash at $106,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,112/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
1,194 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19148, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,415 (100%) |
| Owner Occupied HU | 12,697 (56.6%) |
| Renter Occupied HU | 7,947 (35.5%) |
| Vacant Housing Units | 1,771 ( 7.9%) |
| Median Home Value | $335,838 |
| Average Home Value | $375,383 |
Housing Distribution
Address Breakdown
Residential
21,658
Single Family
20,999
Multi-Family
659
Businesses
1,485
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Listed by: Frank Desimone • Summit Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2575902