817 Passmore StPhiladelphiaPA19111
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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
Rental property for sale in Philadelphia at 817 Passmore St, Philadelphia, PA, 19111 priced at $250,000 pairs $2,390/mo rent with $751/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,390/mo, and annual cash flow comes to $9,017/yr on $82,875 invested. Return on cash invested is 30.79% in year one, and rental yield stands at 11.47% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 161.71% and total cumulative return in cash reaches $134,014. For financing, Ziffy Mortgage’s DSCR program evaluates $2,390/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
2,614 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: Christopher Kaisinger • RE/MAX One Realty
Mls Name: Bright MLS
Mls ID: #PAPH2539678