714 Salter 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 714 Salter St, Philadelphia, PA, 19147 priced at $475,000 converts $2,488/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,488/mo. Return on cash invested prints 15.15% in year one, and rental yield reads 6.29% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 77.8% and total cumulative return in cash sums $122,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,488/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Townhouse
Built in 1920
560 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: Blerina Kotarja • Keller Williams Realty Devon-Wayne
Mls Name: Bright MLS
Mls ID: #PAPH2541754