224 W Rittenhouse Sq #715APhiladelphiaPA19103
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
Investment Highlights
Investment property for sale in Philadelphia at 224 W Rittenhouse Sq #715A, Philadelphia, PA, 19103 listed at $250,000 pairs $1,937/mo rent with a $1,224/mo payment to leave $298/mo cash flow. Total monthly income runs $1,937/mo, and annual cash flow reaches $3,581/yr on $82,875 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.3% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 126.53% and total cumulative return in cash totals $104,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,937/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1950
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Good • Compass RE
Mls Name: Bright MLS
Mls ID: #PAPH2536362