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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Philadelphia at 2429 Locust St APT 409, Philadelphia, PA, 19103 generates $2,232/mo in rent and, after a $1,517/mo payment, leaves $201/mo in cash flow. Total monthly income is $2,232/mo, and annual cash flow is $2,411/yr on $102,765 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.64% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash sums $119,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,232/mo property income rather than buyer’s personal income.
Condo
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19103, Philadelphia, PA area.
| 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 |
Residential
20,720
Single Family
2,282
Multi-Family
18,438
Businesses
2,556
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ame Goldman • Compass RE
Mls Name: Bright MLS
Mls ID: #PAPH2482150
