735 Melon Pl APT EPhiladelphiaPA19123
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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 735 Melon Pl APT E, Philadelphia, PA, 19123 generates $1,276/mo in rent and, after a $783/mo payment, leaves $228/mo in cash flow. Total monthly income is $1,276/mo, and annual cash flow is $2,732/yr on $53,040 invested. Return on cash invested sits at 25.06% in year one, and rental yield is 9.57% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 130.98% and total cumulative return in cash sums $69,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,276/mo property income rather than buyer’s personal income.
Condo
Built in 2007
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: Tom Toole III • RE/MAX Main Line-West Chester
Mls Name: Bright MLS
Mls ID: #PAPH2549888