2443 Nicholas StPhiladelphiaPA19121
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2443 Nicholas St, Philadelphia, PA, 19121 in Philadelphia speaks for itself: 10.55% gross on a $285,000 price, generating $2,507/mo in rent and $639/mo in net income after the $1,282/mo debt service. DSCR 1.96, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,671 stacks alongside $78,740 in projected five-year appreciation and $2,625/yr in principal reduction. Projected total cumulative return: $149,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.8% |
| Monthly Cash Flow | $639 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,507 |
| Total Monthly Debt Service | $1,754 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1915
779 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19121, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 4,668 (21.8%) |
| Renter Occupied HU | 13,058 (61.0%) |
| Vacant Housing Units | 3,685 (17.2%) |
| Median Home Value | $279,940 |
| Average Home Value | $308,210 |
Housing Distribution
Address Breakdown
Residential
19,838
Single Family
14,715
Multi-Family
5,123
Businesses
745
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
Townhouse
Built in 1915
779 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19121, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,411 (100%) |
| Owner Occupied HU | 4,668 (21.8%) |
| Renter Occupied HU | 13,058 (61.0%) |
| Vacant Housing Units | 3,685 (17.2%) |
| Median Home Value | $279,940 |
| Average Home Value | $308,210 |
Housing Distribution
Address Breakdown
Residential
19,838
Single Family
14,715
Multi-Family
5,123
Businesses
745
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie McConnell • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2541752