2603 E Mimi CirPhiladelphiaPA19131
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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
Investment property for sale in Philadelphia at 2603 E Mimi Cir, Philadelphia, PA, 19131 uses $120,998 cash to close to unlock $18,129/yr annual cash flow and $1,511/mo monthly cash flow. Total monthly income runs $3,902/mo, and a $1,786/mo payment keeps the spread at $1,511/mo. Purchase price stands at $365,000, and rental yield measures 12.83% with $3,902/mo rent. Return on cash invested shows 34.89% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 183.67% and total cumulative return in cash records $222,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,902/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Multi Family
Built in 1958
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19131, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,223 (100%) |
| Owner Occupied HU | 8,177 (38.5%) |
| Renter Occupied HU | 10,193 (48.0%) |
| Vacant Housing Units | 2,853 (13.4%) |
| Median Home Value | $218,230 |
| Average Home Value | $277,169 |
Housing Distribution
Address Breakdown
Residential
20,958
Single Family
13,144
Multi-Family
7,814
Businesses
818
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Listed by: Javada Hill • Compass RE
Mls Name: Bright MLS
Mls ID: #PAPH2568806