701 N 42nd StPhiladelphiaPA19104
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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 701 N 42nd St, Philadelphia, PA, 19104 generates $1,280/mo in rent and, after a $783/mo payment, leaves $232/mo in cash flow. Total monthly income is $1,280/mo, and annual cash flow is $2,780/yr on $53,040 invested. Return on cash invested sits at 25.15% in year one, and rental yield is 9.6% on a $159,999 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash sums $69,721. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,280/mo property income rather than buyer’s personal income.
Townhouse
Built in 1925
1,139 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19104, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,594 (100%) |
| Owner Occupied HU | 3,336 (12.5%) |
| Renter Occupied HU | 19,536 (73.5%) |
| Vacant Housing Units | 3,722 (14.0%) |
| Median Home Value | $298,457 |
| Average Home Value | $372,932 |
Housing Distribution
Address Breakdown
Residential
25,141
Single Family
9,688
Multi-Family
15,453
Businesses
1,522
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Listed by: Katie MacNaughton Young • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAPH2559402