2260 N 16th StPhiladelphiaPA19132
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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
Total monthly income runs $1,544/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 4.12% with $1,544/mo rent. Return on cash invested shows 8.6% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 42.7% and total cumulative return in cash records $63,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,544/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Multi Family
Built in 1915
1,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19132, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,508 (100%) |
| Owner Occupied HU | 6,217 (35.5%) |
| Renter Occupied HU | 7,694 (43.9%) |
| Vacant Housing Units | 3,597 (20.5%) |
| Median Home Value | $74,407 |
| Average Home Value | $140,055 |
Housing Distribution
Address Breakdown
Residential
15,679
Single Family
14,573
Multi-Family
1,106
Businesses
889
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Listed by: Ashley Collins • Tesla Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2562154