Philadelphia, PA โ€” Rental Investment Analysis

๐ŸŸขGOODโ€” solid returns

Cap Rate

6.2%

Above average

Monthly Cash Flow

-$36

After all expenses

Price-to-Rent

10.4

Investor-friendly

DSCR

0.97

Fails

๐Ÿ“Š Key Metrics

Median Home Price
$253,517
Average Rent (3BR)
$1,910/mo
Price-to-Rent Ratio
10.4(good)
1% Rule
0.80%(fails โ€” need 1%+)
Cash-on-Cash Return
-0.7%
Vacancy Rate
8.0%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

Net Migration

-8,768 households

SHRINKING

Total Inflow

28,410

households moved in

Avg Income (New Residents)

$73,209

per household

Where they're coming from:

1.Montgomery, PA3,724 households ยท avg $94,268
2.Delaware, PA2,929 households ยท avg $51,726
3.Bucks, PA2,212 households ยท avg $64,278
4.Kings, NY1,289 households ยท avg $65,776
5.Camden, NJ1,096 households ยท avg $64,440

Where residents are leaving to:

1.Montgomery, PA6,297 households
2.Delaware, PA4,995 households
3.Bucks, PA3,769 households
4.Camden, NJ2,100 households
5.New Castle, DE1,400 households

๐Ÿ’ก Net outflow may indicate weakening demand โ€” but can mean lower prices and higher cap rates.

๐Ÿ˜๏ธ Best Zip Codes in Philadelphia for Investors

19132
Cap Rate: 20.2%Cash Flow: +$838/mo$72,700
19133
Cap Rate: 14.9%Cash Flow: +$626/mo$88,359
19140
Cap Rate: 14.7%Cash Flow: +$681/mo$98,528

All Zip Codes in Philadelphia

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
1913220.2%+$838$72,700$1,620/mo3.17
1913314.9%+$626$88,359$1,490/mo2.33
1914014.7%+$681$98,528$1,640/mo2.30
1913911.3%+$520$128,447$1,690/mo1.76
1913411.2%+$474$119,463$1,560/mo1.75
1914210.9%+$504$134,458$1,720/mo1.70
1913110.3%+$534$164,161$2,000/mo1.61
191439.8%+$412$145,696$1,700/mo1.53
191418.3%+$261$160,868$1,640/mo1.30
191208.3%+$269$169,317$1,720/mo1.30
191078.1%+$455$313,353$3,130/mo1.27
191388.1%+$252$181,582$1,800/mo1.26
191448.0%+$262$192,265$1,900/mo1.26
191537.9%+$280$218,882$2,140/mo1.24
191247.7%+$192$171,133$1,640/mo1.21
191217.2%+$132$196,947$1,780/mo1.13
191497.2%+$151$225,878$2,040/mo1.13
191357.1%+$122$205,823$1,840/mo1.11
191026.7%+$83$372,152$3,160/mo1.04
191516.5%+$20$203,861$1,700/mo1.02
191376.4%+$10$229,760$1,900/mo1.01
191046.4%-$4$224,535$1,840/mo1.00
191506.3%-$16$239,630$1,950/mo0.99
191456.2%-$36$253,517$2,040/mo0.97
191276.1%-$83$349,366$2,770/mo0.96
191486.1%-$69$265,731$2,100/mo0.95
191066.1%-$107$400,339$3,160/mo0.95
191296.0%-$94$318,213$2,500/mo0.94
191265.7%-$128$229,548$1,730/mo0.89
191305.1%-$485$439,394$3,020/mo0.79
191365.0%-$266$239,025$1,640/mo0.79
191035.0%-$532$463,426$3,160/mo0.78
191545.0%-$384$322,216$2,180/mo0.78
191254.8%-$487$376,457$2,500/mo0.76
191464.8%-$508$391,780$2,600/mo0.76
189364.7%-$507$368,545$2,410/mo0.74
191284.7%-$530$365,770$2,360/mo0.73
191144.5%-$501$322,607$2,040/mo0.71
191114.4%-$486$296,044$1,840/mo0.69
191224.4%-$502$302,076$1,870/mo0.69
191234.3%-$784$461,841$2,840/mo0.68
191474.0%-$980$483,653$2,780/mo0.62
191523.8%-$704$324,673$1,810/mo0.59
191193.3%-$948$368,147$1,870/mo0.52
191153.1%-$1,052$388,571$1,910/mo0.49
191163.1%-$1,084$394,504$1,920/mo0.48
191181.3%-$3,819$896,370$2,710/mo0.20