2048 N 3rd StPhiladelphiaPA19122
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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 2048 N 3rd St, Philadelphia, PA, 19122 offers a 5.31% rental yield on a $625,000 purchase with $2,764/mo rent. 29% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 62.44% and total cumulative return in cash at $128,389. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,764/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19122, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,033 (100%) |
| Owner Occupied HU | 3,702 (28.4%) |
| Renter Occupied HU | 7,172 (55.0%) |
| Vacant Housing Units | 2,159 (16.6%) |
| Median Home Value | $371,249 |
| Average Home Value | $420,725 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
7,779
Multi-Family
4,504
Businesses
886
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Listed by: Ryan Stawasz • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2536192