2417 N Myrtlewood StPhiladelphiaPA19132
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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 2417 N Myrtlewood St, Philadelphia, PA, 19132 offers $1,862/mo rent that, after a $565/mo payment, leaves $1,106/mo cash flow. Total monthly income is $1,862/mo, and annual cash flow is $13,268/yr on $38,255 cash. Return on cash invested measures 54.59% in year one, and rental yield stands at 19.36% at a $115,400 entry. Equity gained on principal adds $745/yr while 5% annual appreciation compounds into $31,883 by year five. Five-year ROI records 289.35% and total cumulative return in cash reaches $110,691. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,862/mo property income versus a $565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19132, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,508 (100%) |
| Owner Occupied HU | 6,217 (35.5%) |
| Renter Occupied HU | 7,694 (43.9%) |
| Vacant Housing Units | 3,597 (20.5%) |
| Median Home Value | $74,407 |
| Average Home Value | $140,055 |
Housing Distribution
Address Breakdown
Residential
15,679
Single Family
14,573
Multi-Family
1,106
Businesses
889
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