721 N 3rd St #3PhiladelphiaPA19123
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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
Investment property for sale in Philadelphia at 721 N 3rd St #3, Philadelphia, PA, 19123 listed at $609,000 pairs $4,217/mo rent with a $2,981/mo payment to leave $226/mo cash flow. Total monthly income runs $4,217/mo, and annual cash flow reaches $2,713/yr on $200,361 cash to close. Return on cash invested measures 21.41% in year one, and rental yield registers 8.31% at a $609,000 basis. Equity gained on principal adds $3,930/yr, and annual property appreciation at 5% supports $168,255 by year five. Five-year ROI tracks 111.38% and total cumulative return in cash totals $223,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,217/mo property income relative to a $2,981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19123, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,781 (100%) |
| Owner Occupied HU | 4,026 (27.2%) |
| Renter Occupied HU | 8,499 (57.5%) |
| Vacant Housing Units | 2,256 (15.3%) |
| Median Home Value | $577,041 |
| Average Home Value | $603,516 |
Housing Distribution
Address Breakdown
Residential
12,412
Single Family
5,649
Multi-Family
6,763
Businesses
1,043
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Listed by: Chris Carr • HomeZu
Mls Name: Bright MLS
Mls ID: #PAPH2526262