901 N Penn St UNIT P507PhiladelphiaPA19123
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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 901 N Penn St UNIT P507, Philadelphia, PA, 19123 generates $2,268/mo in rent, after a $1,421/mo payment. Total monthly income is $2,268/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 9.38% on a $290,300 entry. Equity gained on principal adds $1,873/yr, while 5% annual appreciation builds toward $80,205 over five years. Five-year ROI reaches 94.06% and total cumulative return in cash sums $90,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,268/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$541 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19123, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,781 (100%) |
| Owner Occupied HU | 4,026 (27.2%) |
| Renter Occupied HU | 8,499 (57.5%) |
| Vacant Housing Units | 2,256 (15.3%) |
| Median Home Value | $577,041 |
| Average Home Value | $603,516 |
Housing Distribution
Address Breakdown
Residential
12,412
Single Family
5,649
Multi-Family
6,763
Businesses
1,043
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Listed by: N/A • N/A
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