23 S 23rd St UNIT 7CPhiladelphiaPA19103
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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 23 S 23rd St UNIT 7C, Philadelphia, PA, 19103 earns $3,795/mo cash flow from $13,607/mo rent with a $5,873/mo payment. Total monthly income totals $13,607/mo, and annual cash flow totals $45,540/yr on $388,800 capital. ROI tracks 32.08% on current figures, and rental yield reads 13.61% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 170.69% and total cumulative return in cash sums $663,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $13,607/mo property income instead of your personal income.
Condo
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: Michael Bertoline • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAPH2125270
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