5916 Springfield AvePhiladelphiaPA19143
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 5916 Springfield Ave, Philadelphia, PA, 19143 uses $92,787 cash to close to unlock $6,706/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,370/mo payment keeps the spread at $559/mo. Purchase price stands at $279,900, and rental yield measures 10.26% with $2,393/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 142.07% and total cumulative return in cash records $131,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Townhouse
Built in 1920
1,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19143, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,738 (100%) |
| Owner Occupied HU | 13,092 (42.6%) |
| Renter Occupied HU | 13,690 (44.5%) |
| Vacant Housing Units | 3,956 (12.9%) |
| Median Home Value | $195,169 |
| Average Home Value | $275,073 |
Housing Distribution
Address Breakdown
Residential
27,045
Single Family
22,885
Multi-Family
4,160
Businesses
995
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vardgas Oganisean • Market Force Realty
Mls Name: Bright MLS
Mls ID: #PAPH2539706