599 Wartman StPhiladelphiaPA19128
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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 599 Wartman St, Philadelphia, PA, 19128 with 5% annual appreciation on a $335,000 basis while $2,783/mo rent supports operations. Total monthly income totals $2,783/mo and a $1,640/mo payment preserves $587/mo for cash returns. Annual cash flow comes to $7,050/yr on $111,053 deployed, and return on cash invested reaches 26.26% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 9.97%. Five-year ROI measures 137.38% and total cumulative return in cash totals $152,564.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,783/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
4,294 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19128, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,353 (100%) |
| Owner Occupied HU | 9,719 (53.0%) |
| Renter Occupied HU | 7,428 (40.5%) |
| Vacant Housing Units | 1,206 ( 6.6%) |
| Median Home Value | $354,389 |
| Average Home Value | $387,145 |
Housing Distribution
Address Breakdown
Residential
18,459
Single Family
14,560
Multi-Family
3,899
Businesses
659
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Listed by: Matthew McGill • McGill Real Esate
Mls Name: Bright MLS
Mls ID: #PAPH2552196