8429 Michener AvePhiladelphiaPA19150
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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 8429 Michener Ave, Philadelphia, PA, 19150 uses $82,875 cash to close to unlock $857/yr annual cash flow and $71/mo monthly cash flow. Total monthly income runs $1,710/mo, and a $1,224/mo payment keeps the spread at $71/mo. Purchase price stands at $250,000, and rental yield measures 8.21% with $1,710/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 108.9% and total cumulative return in cash records $90,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,710/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1950
1,452 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19150, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 7,442 (70.6%) |
| Renter Occupied HU | 2,557 (24.3%) |
| Vacant Housing Units | 542 ( 5.1%) |
| Median Home Value | $246,883 |
| Average Home Value | $285,245 |
Housing Distribution
Address Breakdown
Residential
9,849
Single Family
9,216
Multi-Family
633
Businesses
269
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Listed by: Brandon Rowe • KW Empower
Mls Name: Bright MLS
Mls ID: #PAPH2561666