253 Devereaux AvePhiladelphiaPA19111
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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 253 Devereaux Ave, Philadelphia, PA, 19111 priced at $160,000 pairs $2,059/mo rent with $1,011/mo cash flow after a $783/mo payment. Total monthly income equals $2,059/mo, and annual cash flow comes to $12,128/yr on $53,040 invested. Return on cash invested is 42.77% in year one, and rental yield stands at 15.44% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 225.98% and total cumulative return in cash reaches $119,858. For financing, Ziffy Mortgage’s DSCR program evaluates $2,059/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1950
2,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19111, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,600 (100%) |
| Owner Occupied HU | 14,340 (53.9%) |
| Renter Occupied HU | 10,714 (40.3%) |
| Vacant Housing Units | 1,546 ( 5.8%) |
| Median Home Value | $282,972 |
| Average Home Value | $313,932 |
Housing Distribution
Address Breakdown
Residential
24,400
Single Family
20,282
Multi-Family
4,118
Businesses
938
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Listed by: Oliver Millwood II • Empower Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2556210