813 Piermont StPhiladelphiaPA19116
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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 813 Piermont St, Philadelphia, PA, 19116 with 5% annual appreciation on a $459,000 basis while $3,508/mo rent supports operations. Total monthly income totals $3,508/mo and a $2,247/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $5,998/yr on $152,159 deployed, and return on cash invested reaches 23.85% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 9.17%. Five-year ROI measures 124.46% and total cumulative return in cash totals $189,371.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,508/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
6,037 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19116, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,139 (100%) |
| Owner Occupied HU | 7,925 (56.1%) |
| Renter Occupied HU | 5,772 (40.8%) |
| Vacant Housing Units | 442 ( 3.1%) |
| Median Home Value | $341,832 |
| Average Home Value | $360,989 |
Housing Distribution
Address Breakdown
Residential
13,472
Single Family
11,363
Multi-Family
2,109
Businesses
744
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Listed by: Suren Pogosov • Keller Williams Real Estate - Princeton
Mls Name: Bright MLS
Mls ID: #PAPH2573242