3040 W Berks StPhiladelphiaPA19121
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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 3040 W Berks St, Philadelphia, PA, 19121 listed at $359,900 pairs $2,807/mo rent with a $1,762/mo payment to leave $448/mo cash flow. Total monthly income runs $2,807/mo, and annual cash flow reaches $5,378/yr on $119,307 cash to close. Return on cash invested measures 24.42% in year one, and rental yield registers 9.36% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 127.52% and total cumulative return in cash totals $152,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,807/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1915
1,121 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: Carsheniah King • Realty Mark Cityscape-Huntingdon Valley
Mls Name: Bright MLS
Mls ID: #PAPH2570726