3602 Essex LnPhiladelphiaPA19114
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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 3602 Essex Ln, Philadelphia, PA, 19114 earns $496/mo cash flow from $2,692/mo rent with a $1,640/mo payment. Total monthly income totals $2,692/mo, and annual cash flow totals $5,958/yr on $111,052 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.64% at a $334,998 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $146,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,692/mo property income instead of your personal income.
Townhouse
Built in 1964
2,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19114, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,618 (100%) |
| Owner Occupied HU | 8,915 (61.0%) |
| Renter Occupied HU | 5,026 (34.4%) |
| Vacant Housing Units | 677 ( 4.6%) |
| Median Home Value | $299,158 |
| Average Home Value | $340,587 |
Housing Distribution
Address Breakdown
Residential
13,859
Single Family
11,144
Multi-Family
2,715
Businesses
717
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Listed by: Cathy Kane • Re/Max One Realty
Mls Name: Bright MLS
Mls ID: #PAPH2574926