24 Good StPhiladelphiaPA19119
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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
Rental property for sale in Philadelphia at 24 Good St, Philadelphia, PA, 19119 priced at $265,000 converts $1,866/mo rent into $130/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,866/mo, and annual cash flow totals $1,554/yr on $87,848 invested. Return on cash invested prints 21.68% in year one, and rental yield reads 8.45% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 112.82% and total cumulative return in cash sums $99,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,866/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1925
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19119, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,044 (100%) |
| Owner Occupied HU | 7,322 (56.1%) |
| Renter Occupied HU | 4,750 (36.4%) |
| Vacant Housing Units | 972 ( 7.5%) |
| Median Home Value | $387,607 |
| Average Home Value | $448,192 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
9,666
Multi-Family
2,962
Businesses
430
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Listed by: Jessica Hahn • Space & Company
Mls Name: Bright MLS
Mls ID: #PAPH2556116