627 Gerritt StPhiladelphiaPA19147
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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 627 Gerritt St, Philadelphia, PA, 19147 priced at $399,900 pairs $2,992/mo rent with $372/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,992/mo, and annual cash flow comes to $4,462/yr on $132,567 invested. Return on cash invested is 23.27% in year one, and rental yield stands at 8.98% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 121.36% and total cumulative return in cash reaches $160,880. For financing, Ziffy Mortgage’s DSCR program evaluates $2,992/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1920
658 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19147, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,039 (100%) |
| Owner Occupied HU | 10,000 (45.4%) |
| Renter Occupied HU | 10,052 (45.6%) |
| Vacant Housing Units | 1,987 ( 9.0%) |
| Median Home Value | $567,746 |
| Average Home Value | $608,850 |
Housing Distribution
Address Breakdown
Residential
19,859
Single Family
15,182
Multi-Family
4,677
Businesses
1,768
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Listed by: Chris Branin • Real of Pennsylvania
Mls Name: Bright MLS
Mls ID: #PAPH2537020