424 N 40th 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
Investment property for sale in Philadelphia at 424 N 40th St, Philadelphia, PA, 19104 earns from $1,955/mo rent with a $5,211/mo payment. Total monthly income totals $1,955/mo. ROI tracks 2.9% on current figures, and rental yield reads 2.2% at a $1,064,700 purchase. Equity gained on principal adds $6,870/yr, and 5% annual appreciation supports $294,157 over five years. Five-year ROI reaches 12.03% and total cumulative return in cash sums $41,509. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,955/mo property income instead of your personal income.
Apartment
Built in 2016
1,782 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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