389 Conarroe StPhiladelphiaPA19128
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 389 Conarroe St, Philadelphia, PA, 19128 generates $3,680/mo in rent and, after a $2,080/mo payment, leaves $895/mo in cash flow. Total monthly income is $3,680/mo, and annual cash flow is $10,743/yr on $140,888 invested. Return on cash invested sits at 27.53% in year one, and rental yield is 10.39% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 144.23% and total cumulative return in cash sums $203,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19128, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,353 (100%) |
| Owner Occupied HU | 9,719 (53.0%) |
| Renter Occupied HU | 7,428 (40.5%) |
| Vacant Housing Units | 1,206 ( 6.6%) |
| Median Home Value | $354,389 |
| Average Home Value | $387,145 |
Housing Distribution
Address Breakdown
Residential
18,459
Single Family
14,560
Multi-Family
3,899
Businesses
659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deneen Sweeney • Keller Williams Real Estate - West Chester
Mls Name: Bright MLS
Mls ID: #PAPH2577510