755 S 3rd St APT APhiladelphiaPA19147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 755 S 3rd St APT A, Philadelphia, PA, 19147 in Philadelphia: $3,757/mo in rent, $553/mo in net income, 9.22% gross yield, 1.71 DSCR, all at $489,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $135,102 in appreciation and $4,504/yr in principal paydown projects total cumulative return of $221,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.8% |
| Monthly Cash Flow | $553 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,757 |
| Total Monthly Debt Service | $3,010 |
| DSCR Ratio | 1.25x |
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.
Condo
Built in 1900
N/A 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
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
Condo
Built in 1900
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie McConnell • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2543492