621 N 2nd St APT 2RPhiladelphiaPA19123
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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 621 N 2nd St APT 2R, Philadelphia, PA, 19123 earns from $3,226/mo rent with a $2,687/mo payment. Total monthly income totals $3,226/mo. ROI tracks 17.59% on current figures, and rental yield reads 7.05% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 90.88% and total cumulative return in cash sums $164,144. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,226/mo property income instead of your personal income.
Condo
Built in 1902
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19123, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,781 (100%) |
| Owner Occupied HU | 4,026 (27.2%) |
| Renter Occupied HU | 8,499 (57.5%) |
| Vacant Housing Units | 2,256 (15.3%) |
| Median Home Value | $577,041 |
| Average Home Value | $603,516 |
Housing Distribution
Address Breakdown
Residential
12,412
Single Family
5,649
Multi-Family
6,763
Businesses
1,043
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Listed by: Kate McCann • Elfant Wissahickon Realtors
Mls Name: Bright MLS
Mls ID: #PAPH2528540