4141 Salem StPhiladelphiaPA19124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4141 Salem St, Philadelphia, PA, 19124 in Philadelphia is a solid income-producing rental, 10.57% gross yield, $1,630/mo rent, $417/mo net cash flow on a $184,999 buy. DSCR 1.96 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $97,349.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.8% |
| Monthly Cash Flow | $417 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,630 |
| Total Monthly Debt Service | $1,139 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
1,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19124, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,294 (100%) |
| Owner Occupied HU | 12,050 (47.6%) |
| Renter Occupied HU | 11,303 (44.7%) |
| Vacant Housing Units | 1,941 ( 7.7%) |
| Median Home Value | $166,358 |
| Average Home Value | $235,010 |
Housing Distribution
Address Breakdown
Residential
23,238
Single Family
21,703
Multi-Family
1,535
Businesses
1,689
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
Single Family
Built in 1920
1,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19124, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,294 (100%) |
| Owner Occupied HU | 12,050 (47.6%) |
| Renter Occupied HU | 11,303 (44.7%) |
| Vacant Housing Units | 1,941 ( 7.7%) |
| Median Home Value | $166,358 |
| Average Home Value | $235,010 |
Housing Distribution
Address Breakdown
Residential
23,238
Single Family
21,703
Multi-Family
1,535
Businesses
1,689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PAPH2591766