2230 Watkins 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 2230 Watkins St, Philadelphia, PA, 19145 uses $95,671 cash to close to unlock $569/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,939/mo, and a $1,413/mo payment keeps the spread at $47/mo. Purchase price stands at $288,600, and rental yield measures 8.06% with $1,939/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $79,735 over five years. Five-year ROI reaches 106.54% and total cumulative return in cash records $101,925. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,939/mo property income covering a $1,413/mo payment rather than investor’s personal income.
Single Family
Built in 1925
871 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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