3847 Melon StPhiladelphiaPA19104
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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
Total monthly income runs $1,470/mo, and a $1,150/mo payment. Purchase price stands at $234,900, and rental yield measures 7.51% with $1,470/mo rent. Return on cash invested shows 18.84% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 97.61% and total cumulative return in cash records $76,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Townhouse
Built in 1920
763 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19104, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,594 (100%) |
| Owner Occupied HU | 3,336 (12.5%) |
| Renter Occupied HU | 19,536 (73.5%) |
| Vacant Housing Units | 3,722 (14.0%) |
| Median Home Value | $298,457 |
| Average Home Value | $372,932 |
Housing Distribution
Address Breakdown
Residential
25,141
Single Family
9,688
Multi-Family
15,453
Businesses
1,522
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Listed by: Michael Cohen • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2549668