7962 Ridgeway StPhiladelphiaPA19111
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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 7962 Ridgeway St, Philadelphia, PA, 19111 generates $1,936/mo in rent and, after a $1,419/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,936/mo, and annual cash flow is $433/yr on $96,135 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 8.01% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash sums $101,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,936/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
2,512 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19111, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,600 (100%) |
| Owner Occupied HU | 14,340 (53.9%) |
| Renter Occupied HU | 10,714 (40.3%) |
| Vacant Housing Units | 1,546 ( 5.8%) |
| Median Home Value | $282,972 |
| Average Home Value | $313,932 |
Housing Distribution
Address Breakdown
Residential
24,400
Single Family
20,282
Multi-Family
4,118
Businesses
938
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Listed by: Brian Lanoza • Century 21 Advantage Gold-Southampton
Mls Name: Bright MLS
Mls ID: #PAPH2557096