714 Watkins StPhiladelphiaPA19148
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
Investment Highlights
Rental property for sale in Philadelphia at 714 Watkins St, Philadelphia, PA, 19148 offers $2,053/mo rent that, after a $1,468/mo payment, leaves $88/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $1,052/yr on $99,417 cash. Return on cash invested measures 20.97% in year one, and rental yield stands at 8.21% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 109% and total cumulative return in cash reaches $108,364. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19148, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,415 (100%) |
| Owner Occupied HU | 12,697 (56.6%) |
| Renter Occupied HU | 7,947 (35.5%) |
| Vacant Housing Units | 1,771 ( 7.9%) |
| Median Home Value | $335,838 |
| Average Home Value | $375,383 |
Housing Distribution
Address Breakdown
Residential
21,658
Single Family
20,999
Multi-Family
659
Businesses
1,485
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Listed by: Vincent Catroppa • BHHS Fox & Roach-Center City Walnut
Mls Name: Bright MLS
Mls ID: #PAPH2560686