2301 Cherry St APT 3PPhiladelphiaPA19103
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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 2301 Cherry St APT 3P, Philadelphia, PA, 19103 listed at $351,400 pairs $4,300/mo rent with a $1,720/mo payment to leave $1,369/mo cash flow. Total monthly income runs $4,300/mo, and annual cash flow reaches $16,431/yr on $116,489 cash to close. Return on cash invested measures 34.01% in year one, and rental yield registers 14.68% at a $351,400 basis. Equity gained on principal adds $2,268/yr, and annual property appreciation at 5% supports $97,085 by year five. Five-year ROI tracks 181.32% and total cumulative return in cash totals $211,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,300/mo property income relative to a $1,720/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
1,314 sqft lot
$N/A/sqft
$628 monthly 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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