2301 Cherry St APT 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
Investment property for sale in Philadelphia at 2301 Cherry St APT 6F, Philadelphia, PA, 19103 uses $144,203 cash to close to unlock $17,899/yr annual cash flow and $1,492/mo monthly cash flow. Total monthly income runs $4,342/mo, and a $2,129/mo payment keeps the spread at $1,492/mo. Purchase price stands at $435,000, and rental yield measures 11.98% with $4,342/mo rent. Return on cash invested shows 32.32% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 169.89% and total cumulative return in cash records $244,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,342/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Condo
Built in 1980
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: Leanne Hirsch • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2540824