335 Passmore StPhiladelphiaPA19111
Nearby investment properties with comparable rents
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 335 Passmore St, Philadelphia, PA, 19111 generates $2,980/mo in rent and, after a $1,463/mo payment, leaves $1,021/mo in cash flow. Total monthly income is $2,980/mo, and annual cash flow is $12,254/yr on $99,119 invested. Return on cash invested sits at 32.27% in year one, and rental yield is 11.96% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 169.65% and total cumulative return in cash sums $168,154. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
2,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19111, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,600 (100%) |
| Owner Occupied HU | 14,340 (53.9%) |
| Renter Occupied HU | 10,714 (40.3%) |
| Vacant Housing Units | 1,546 ( 5.8%) |
| Median Home Value | $282,972 |
| Average Home Value | $313,932 |
Housing Distribution
Address Breakdown
Residential
24,400
Single Family
20,282
Multi-Family
4,118
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Beiser • Redfin Corporation
Mls Name: Bright MLS
Mls ID: #PAPH2540882