2324 S 9th StPhiladelphiaPA19148
Nearby investment properties with comparable rents
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 2324 S 9th St, Philadelphia, PA, 19148 uses $82,875 cash to close to unlock $9,089/yr annual cash flow and $757/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $1,224/mo payment keeps the spread at $757/mo. Purchase price stands at $250,000, and rental yield measures 11.5% with $2,396/mo rent. Return on cash invested shows 30.88% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 162.15% and total cumulative return in cash records $134,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1920
840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19148, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,415 (100%) |
| Owner Occupied HU | 12,697 (56.6%) |
| Renter Occupied HU | 7,947 (35.5%) |
| Vacant Housing Units | 1,771 ( 7.9%) |
| Median Home Value | $335,838 |
| Average Home Value | $375,383 |
Housing Distribution
Address Breakdown
Residential
21,658
Single Family
20,999
Multi-Family
659
Businesses
1,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Lin • Target Realty
Mls Name: Bright MLS
Mls ID: #PAPH2564414