457 E Vernon RdPhiladelphiaPA19119
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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 457 E Vernon Rd, Philadelphia, PA, 19119 generates $1,674/mo in rent and, after a $1,028/mo payment, leaves $298/mo in cash flow. Total monthly income is $1,674/mo, and annual cash flow is $3,574/yr on $69,598 invested. Return on cash invested sits at 25.04% in year one, and rental yield is 9.57% on a $209,950 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,005 over five years. Five-year ROI reaches 130.86% and total cumulative return in cash sums $91,080. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Townhouse
Built in 1991
2,259 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19119, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,044 (100%) |
| Owner Occupied HU | 7,322 (56.1%) |
| Renter Occupied HU | 4,750 (36.4%) |
| Vacant Housing Units | 972 ( 7.5%) |
| Median Home Value | $387,607 |
| Average Home Value | $448,192 |
Housing Distribution
Address Breakdown
Residential
12,628
Single Family
9,666
Multi-Family
2,962
Businesses
430
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Listed by: Christopher Lerch • Lerch & Associates Real Estate
Mls Name: Bright MLS
Mls ID: #PAPH2563652