Philadelphia, PA โ Rental Investment Analysis
๐ขGOODโ solid returnsCap Rate
6.2%
Above average
Monthly Cash Flow
-$36
After all expenses
Price-to-Rent
10.4
Investor-friendly
DSCR
0.97
Fails
๐ 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%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
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
๐ก Net outflow may indicate weakening demand โ but can mean lower prices and higher cap rates.
๐๏ธ Best Zip Codes in Philadelphia for Investors
All Zip Codes in Philadelphia
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 19132 | 20.2% | +$838 | $72,700 | $1,620/mo | 3.17 |
| 19133 | 14.9% | +$626 | $88,359 | $1,490/mo | 2.33 |
| 19140 | 14.7% | +$681 | $98,528 | $1,640/mo | 2.30 |
| 19139 | 11.3% | +$520 | $128,447 | $1,690/mo | 1.76 |
| 19134 | 11.2% | +$474 | $119,463 | $1,560/mo | 1.75 |
| 19142 | 10.9% | +$504 | $134,458 | $1,720/mo | 1.70 |
| 19131 | 10.3% | +$534 | $164,161 | $2,000/mo | 1.61 |
| 19143 | 9.8% | +$412 | $145,696 | $1,700/mo | 1.53 |
| 19141 | 8.3% | +$261 | $160,868 | $1,640/mo | 1.30 |
| 19120 | 8.3% | +$269 | $169,317 | $1,720/mo | 1.30 |
| 19107 | 8.1% | +$455 | $313,353 | $3,130/mo | 1.27 |
| 19138 | 8.1% | +$252 | $181,582 | $1,800/mo | 1.26 |
| 19144 | 8.0% | +$262 | $192,265 | $1,900/mo | 1.26 |
| 19153 | 7.9% | +$280 | $218,882 | $2,140/mo | 1.24 |
| 19124 | 7.7% | +$192 | $171,133 | $1,640/mo | 1.21 |
| 19121 | 7.2% | +$132 | $196,947 | $1,780/mo | 1.13 |
| 19149 | 7.2% | +$151 | $225,878 | $2,040/mo | 1.13 |
| 19135 | 7.1% | +$122 | $205,823 | $1,840/mo | 1.11 |
| 19102 | 6.7% | +$83 | $372,152 | $3,160/mo | 1.04 |
| 19151 | 6.5% | +$20 | $203,861 | $1,700/mo | 1.02 |
| 19137 | 6.4% | +$10 | $229,760 | $1,900/mo | 1.01 |
| 19104 | 6.4% | -$4 | $224,535 | $1,840/mo | 1.00 |
| 19150 | 6.3% | -$16 | $239,630 | $1,950/mo | 0.99 |
| 19145 | 6.2% | -$36 | $253,517 | $2,040/mo | 0.97 |
| 19127 | 6.1% | -$83 | $349,366 | $2,770/mo | 0.96 |
| 19148 | 6.1% | -$69 | $265,731 | $2,100/mo | 0.95 |
| 19106 | 6.1% | -$107 | $400,339 | $3,160/mo | 0.95 |
| 19129 | 6.0% | -$94 | $318,213 | $2,500/mo | 0.94 |
| 19126 | 5.7% | -$128 | $229,548 | $1,730/mo | 0.89 |
| 19130 | 5.1% | -$485 | $439,394 | $3,020/mo | 0.79 |
| 19136 | 5.0% | -$266 | $239,025 | $1,640/mo | 0.79 |
| 19103 | 5.0% | -$532 | $463,426 | $3,160/mo | 0.78 |
| 19154 | 5.0% | -$384 | $322,216 | $2,180/mo | 0.78 |
| 19125 | 4.8% | -$487 | $376,457 | $2,500/mo | 0.76 |
| 19146 | 4.8% | -$508 | $391,780 | $2,600/mo | 0.76 |
| 18936 | 4.7% | -$507 | $368,545 | $2,410/mo | 0.74 |
| 19128 | 4.7% | -$530 | $365,770 | $2,360/mo | 0.73 |
| 19114 | 4.5% | -$501 | $322,607 | $2,040/mo | 0.71 |
| 19111 | 4.4% | -$486 | $296,044 | $1,840/mo | 0.69 |
| 19122 | 4.4% | -$502 | $302,076 | $1,870/mo | 0.69 |
| 19123 | 4.3% | -$784 | $461,841 | $2,840/mo | 0.68 |
| 19147 | 4.0% | -$980 | $483,653 | $2,780/mo | 0.62 |
| 19152 | 3.8% | -$704 | $324,673 | $1,810/mo | 0.59 |
| 19119 | 3.3% | -$948 | $368,147 | $1,870/mo | 0.52 |
| 19115 | 3.1% | -$1,052 | $388,571 | $1,910/mo | 0.49 |
| 19116 | 3.1% | -$1,084 | $394,504 | $1,920/mo | 0.48 |
| 19118 | 1.3% | -$3,819 | $896,370 | $2,710/mo | 0.20 |