3083 Witte StPhiladelphiaPA19134
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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 3083 Witte St, Philadelphia, PA, 19134 offers a 9.69% rental yield on a $180,000 purchase with $1,454/mo rent. Total monthly income registers $1,454/mo, and a $881/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,294/yr on $59,670 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 132.96% and total cumulative return in cash at $79,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,454/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
725 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19134, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,420 (100%) |
| Owner Occupied HU | 10,383 (42.5%) |
| Renter Occupied HU | 10,891 (44.6%) |
| Vacant Housing Units | 3,146 (12.9%) |
| Median Home Value | $179,001 |
| Average Home Value | $210,097 |
Housing Distribution
Address Breakdown
Residential
22,337
Single Family
21,546
Multi-Family
791
Businesses
1,864
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Listed by: Scott Kelly • Honest Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2568756