755 S 3rd St APT APhiladelphiaPA19147
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
Investment property for sale in Philadelphia at 755 S 3rd St APT A, Philadelphia, PA, 19147 listed at $489,000 pairs $3,757/mo rent with a $2,393/mo payment to leave $553/mo cash flow. Total monthly income runs $3,757/mo, and annual cash flow reaches $6,637/yr on $162,104 cash to close. Return on cash invested measures 24% in year one, and rental yield registers 9.22% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 125.29% and total cumulative return in cash totals $203,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,757/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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