305 E Vernon RdPhiladelphiaPA19119
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Nearby investment properties with comparable prices
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 305 E Vernon Rd, Philadelphia, PA, 19119 priced at $185,000 pairs $1,401/mo rent with $189/mo cash flow after a $905/mo payment. Total monthly income equals $1,401/mo, and annual cash flow comes to $2,271/yr on $61,328 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.09% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 123.24% and total cumulative return in cash reaches $75,579. For financing, Ziffy Mortgage’s DSCR program evaluates $1,401/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
2,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19119, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,044 (100%) |
| Owner Occupied HU | 7,322 (56.1%) |
| Renter Occupied HU | 4,750 (36.4%) |
| Vacant Housing Units | 972 ( 7.5%) |
| Median Home Value | $387,607 |
| Average Home Value | $448,192 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
9,666
Multi-Family
2,962
Businesses
430
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Listed by: Noah Berson • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2551936