37 60th StPhiladelphiaPA19139
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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
Rental property for sale in Philadelphia at 37 60th St, Philadelphia, PA, 19139 generates $1,876/mo in rent, after a $2,692/mo payment. Total monthly income is $1,876/mo. Return on cash invested sits at 8.6% in year one, and rental yield is 4.09% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 42.65% and total cumulative return in cash sums $77,170. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,876/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
1,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19139, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,594 (100%) |
| Owner Occupied HU | 6,791 (31.4%) |
| Renter Occupied HU | 11,523 (53.4%) |
| Vacant Housing Units | 3,280 (15.2%) |
| Median Home Value | $141,336 |
| Average Home Value | $236,230 |
Housing Distribution
Address Breakdown
Residential
18,948
Single Family
15,351
Multi-Family
3,597
Businesses
1,164
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Listed by: Peter van der Vlugt • Compass RE
Mls Name: Bright MLS
Mls ID: #PAPH2548394