2626 Ridge AvePhiladelphiaPA19121
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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 2626 Ridge Ave, Philadelphia, PA, 19121 offers a 1.75% rental yield on a $1,500,000 purchase with $2,183/mo rent. 49% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 4.46% and total cumulative return in cash at $21,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,183/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1915
3,597 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
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Listed by: Stefan H Schecter • City & Suburban Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2538948