23 S 23rd St UNIT 6FPhiladelphiaPA19103
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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 23 S 23rd St UNIT 6F, Philadelphia, PA, 19103 generates $6,703/mo in rent, after a $4,283/mo payment. Total monthly income is $6,703/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 9.19% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 104.1% and total cumulative return in cash sums $299,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,703/mo property income rather than buyer’s personal income.
Apartment
Built in 1900
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: Nancy Alperin • MAXWELL REALTY COMPANY
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAPH2434330
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