2034 S 3rd StPhiladelphiaPA19148
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 2034 S 3rd St, Philadelphia, PA, 19148 in Philadelphia offers a clean, manageable entry. Rental yield 6.76%. DSCR 1.25 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $103,606 in additional property value over five years, with $3,454/yr in principal equity building ownership stake. Total projected cumulative return: $120,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.8% |
| Monthly Cash Flow | $(345) | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,112 |
| Total Monthly Debt Service | $2,308 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Desimone • Summit Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2575902