home in 1818 S 8th St Philadelphia, PA
This multifamily home in Philadelphia, PA offers 2,400 square feet.
| Price | $499,900 |
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| Sqft | 2400 |
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| Address | 1818 S 8th St Philadelphia, PA 19148 |
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Why buy this home
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced in line with the area.
- New to market (4 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,544/month with 20% down at a 7.28% 30-year fixed rate. You would need about $151,906 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,736/mo |
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| Property tax (new-buyer reassessed rate) | $621/mo |
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| Homeowners insurance | $187/mo |
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| Total monthly | $3,544/mo |
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| Down payment (20%) | $99,980 |
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| Income needed | $151,906/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (52 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (52/100) |
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| Beats renting in | 5% of modeled paths |
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| Modeled 5-yr equity (median) | $201,664 |
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| Range (10th to 90th pct) | $109,139 to $308,445 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Philadelphia, PA where local data is thin.
Local home values
Typical home values in Philadelphia, PA have risen about 28% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto