508 W Midvale AvePhiladelphiaPA19144
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
Investment property for sale in Philadelphia at 508 W Midvale Ave, Philadelphia, PA, 19144 at $285,000 posts ROI 26.9% with $550/mo cash flow from $2,418/mo rent. Total monthly income equals $2,418/mo, and annual cash flow records $6,604/yr on $94,478 to close. Return on cash invested measures 26.9% and rental yield reads 10.18% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 140.84% and total cumulative return in cash totals $133,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,418/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
2,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19144, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,184 (100%) |
| Owner Occupied HU | 7,121 (32.1%) |
| Renter Occupied HU | 12,307 (55.5%) |
| Vacant Housing Units | 2,756 (12.4%) |
| Median Home Value | $281,385 |
| Average Home Value | $322,811 |
Housing Distribution
Address Breakdown
Residential
21,240
Single Family
12,901
Multi-Family
8,339
Businesses
1,099
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Listed by: Hanlan Huang • Prosperity Real Estate & Investment Services
Mls Name: Bright MLS
Mls ID: #PAPH2539822