7018 Erdrick StPhiladelphiaPA19135
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $268,900, 7018 Erdrick St, Philadelphia, PA, 19135 in Philadelphia generates $1,962/mo in rent (8.76% yield) but nets only $200/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.62) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $74,292. Total projected return: $115,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.8% |
| Monthly Cash Flow | $200 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,962 |
| Total Monthly Debt Service | $1,655 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
2,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19135, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 7,092 (54.3%) |
| Renter Occupied HU | 5,133 (39.3%) |
| Vacant Housing Units | 825 ( 6.3%) |
| Median Home Value | $192,247 |
| Average Home Value | $248,030 |
Housing Distribution
Address Breakdown
Residential
12,490
Single Family
11,858
Multi-Family
632
Businesses
908
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
Single Family
Built in 1940
2,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19135, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,050 (100%) |
| Owner Occupied HU | 7,092 (54.3%) |
| Renter Occupied HU | 5,133 (39.3%) |
| Vacant Housing Units | 825 ( 6.3%) |
| Median Home Value | $192,247 |
| Average Home Value | $248,030 |
Housing Distribution
Address Breakdown
Residential
12,490
Single Family
11,858
Multi-Family
632
Businesses
908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices