3312 N 2nd StPhiladelphiaPA19140
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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 3312 N 2nd St, Philadelphia, PA, 19140 offers a 9.53% rental yield on a $125,000 purchase with $993/mo rent. Total monthly income registers $993/mo, and a $612/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,085/yr on $41,438 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 130.33% and total cumulative return in cash at $54,005. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $993/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
984 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19140, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,416 (100%) |
| Owner Occupied HU | 8,647 (38.6%) |
| Renter Occupied HU | 10,488 (46.8%) |
| Vacant Housing Units | 3,281 (14.6%) |
| Median Home Value | $98,038 |
| Average Home Value | $185,799 |
Housing Distribution
Address Breakdown
Residential
19,872
Single Family
18,671
Multi-Family
1,201
Businesses
1,473
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Listed by: Marco Troche • RE/MAX Affiliates
Mls Name: Bright MLS
Mls ID: #PAPH2559456