2042 Latimer StPhiladelphiaPA19103
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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 2042 Latimer St, Philadelphia, PA, 19103 priced at $482,400 pairs $3,030/mo rent with after a $2,361/mo payment. Total monthly income equals $3,030/mo. Return on cash invested is 18.63% in year one, and rental yield stands at 7.54% on a $482,400 basis. Equity gained on principal adds $3,113/yr, and 5% annual appreciation accumulates to $133,278 by year five. Five-year ROI measures 96.57% and total cumulative return in cash reaches $154,430. For financing, Ziffy Mortgage’s DSCR program evaluates $3,030/mo property income against a $2,361/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19103, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,227 (100%) |
| Owner Occupied HU | 6,130 (27.6%) |
| Renter Occupied HU | 13,428 (60.4%) |
| Vacant Housing Units | 2,669 (12.0%) |
| Median Home Value | $615,409 |
| Average Home Value | $748,307 |
Housing Distribution
Address Breakdown
Residential
20,720
Single Family
2,282
Multi-Family
18,438
Businesses
2,556
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A