2740 N Ringgold StPhiladelphiaPA19132
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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 2740 N Ringgold St, Philadelphia, PA, 19132 priced at $129,200 converts $1,829/mo rent into $983/mo cash flow after a $632/mo obligation. Total monthly income equals $1,829/mo, and annual cash flow totals $11,793/yr on $42,830 invested. Return on cash invested prints 47.44% in year one, and rental yield reads 16.99% against a $129,200 entry. Equity gained on principal adds $834/yr, while 5% annual appreciation compiles into $35,696 by year five. Five-year ROI reaches 250.99% and total cumulative return in cash sums $107,500. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,829/mo property income covering a $632/mo payment, not borrower’s personal income.
Townhouse
Built in 1915
435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19132, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,508 (100%) |
| Owner Occupied HU | 6,217 (35.5%) |
| Renter Occupied HU | 7,694 (43.9%) |
| Vacant Housing Units | 3,597 (20.5%) |
| Median Home Value | $74,407 |
| Average Home Value | $140,055 |
Housing Distribution
Address Breakdown
Residential
15,679
Single Family
14,573
Multi-Family
1,106
Businesses
889
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