2323 S 63rd StPhiladelphiaPA19142
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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 2323 S 63rd St, Philadelphia, PA, 19142 offers a 9.16% rental yield on a $124,000 purchase with $947/mo rent. Total monthly income registers $947/mo, and a $607/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,612/yr on $41,106 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 124.43% and total cumulative return in cash at $51,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $947/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19142, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,919 (100%) |
| Owner Occupied HU | 4,934 (45.2%) |
| Renter Occupied HU | 4,751 (43.5%) |
| Vacant Housing Units | 1,234 (11.3%) |
| Median Home Value | $118,617 |
| Average Home Value | $191,888 |
Housing Distribution
Address Breakdown
Residential
10,544
Single Family
10,347
Multi-Family
197
Businesses
697
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Listed by: Mike Moss • Mercury Real Estate Group
Mls Name: Bright MLS
Mls ID: #PAPH2575182