ZIP CODE 19124 // PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD // DATA AS OF 2026-09-30
Philadelphia, PA (19124) Rental Property Cap Rate & Cash Flow Report
Located in Philadelphia County (Philadelphia, PA), Zip Code 19124 ranks #23 of 500 within this selected sample (96th percentile) with a Zillow ZHVI typical home-value index of $175,793 (+1.3% YoY) and a ZORI observed market rent of $1,275/mo (+4.7% YoY). Requires at least 24.7% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$52/mo
Annual: -$626/yr
Modeled Cap Rate
5.71%
NOI: $10,041/yr
Cash-on-Cash Return
-1.55%
Cash Needed: $40,432
1% Rule Ratio
0.73%
Gross Yield: 8.70%
Break-Even Rent
$1,335/mo
State Tax: 1.36%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 19124 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (PA Avg 1.36%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$889/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$438/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (19124)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $151,192 | $1,009/mo | 8.01% |
| 2022 | $162,256 | $1,050/mo | 7.77% |
| 2023 | $160,101 | $1,110/mo | 8.32% |
| 2024 | $163,732 | $1,169/mo | 8.57% |
| 2025 | $173,530 | $1,217/mo | 8.42% |
| 2026 | $175,793 | $1,275/mo | 8.70% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 19120 Philadelphia, PA | $166,390 | $1,507/mo | 7.60% | +$212/mo |
| 17603 Lancaster, PA | $306,967 | $1,510/mo | 3.28% | -$714/mo |
| 19111 Philadelphia, PA | $292,631 | $1,427/mo | 3.23% | -$692/mo |
| 19143 Philadelphia, PA | $144,647 | $1,557/mo | 9.38% | +$399/mo |
| 77083 Houston, TX | $256,597 | $1,893/mo | 5.73% | -$72/mo |
| 77373 Spring, TX | $238,312 | $1,767/mo | 5.77% | -$59/mo |