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Archived 8 months ago

$239,000

3 bd 1 ba 1200 sqft

2210 Mifflin St, Philadelphia , PA 19145

Residential SFR

Current Rent **

N/A

Projected Rent **

$2,100

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Philadelphia turnkey rental - DSCR 1.6 eligible

Calling all investors!

Philadelphia turnkey rental - DSCR eligible - $2100 rent / 239k price/ taxes: $2280/ year

This is a great opportunity to purchase an investment property with the potential for positive cash flow from day one.

DSCR (Debt Service Coverage Ratio) financing is available for experienced investors with as little as 20% down. Unlike traditional loans, DSCR loans qualify the property based on its rental income — not your personal income or employment.

With projected rents of approximately $2,100/month, the estimated DSCR is 1.6, making this an ideal opportunity for investors looking to expand their portfolio without traditional income documentation.

DSCR financing available. A lender who has reviewed the deal can provide quick quotes if needed.

Listed by agent: Brenda Besier 267-796-4769
MLS#: PAPH2571560

Location:

2210 Mifflin St, Philadelphia , PA 19145

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.