Real Estate Investing in Philadelphia, Pennsylvania (19102)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19102 (Philadelphia, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.6% of homes vacant — above national norms.
- Declining values: -1.8% 5-year CAGR — values have moved lower.
What’s happening in Philadelphia, PA (19102)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19102 Philadelphia
The 19102 ZIP covers a section of Philadelphia that demands careful diligence. Prices near $388K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 19102 can be a an appealing option for hunting ground — but the discount at $388K reflects genuine risk that outside investors often underestimate.
In practical terms, 19102 offers a low basis, the region around Philadelphia has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 19102 ZIP's population of 5,946 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategically, 19102 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19102
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $270,098 | $2,280 | 6.1% | -3.3% | $270,098 |
| 2BR | $551,805 | $2,720 | 3.5% | -4.1% | $275,903 |
| 3BR | $1,404,291 | $3,260 | 1.7% | -2.7% | $468,097 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19102 Compare?
| Metric | 19102 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $387,567 | $260,324 | $278,018 |
| 5-Year CAGR | N/A | 1.2% | 6.3% |
| Avg Rent | $2,077 | $1,659 | - |
| Cap Rate | 4.2% | 5.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19102 (Philadelphia, PA). Anonymous, moderated, never written by AI.
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Property managers serving Philadelphia County
Manage rentals here? List your business →Atlas Property Management is a boutique team offering personal service for single-family rentals across Napa Valley, serving Napa, Yountville, St. Helena, Calistoga, Sonoma, American Canyon, Hiddenbro summary from their website
Citified Realty & Property Management provides management services for single-family, multi-family, and commercial units in Philadelphia, focusing on tenant satisfaction. summary from their website
Chapel Realty Property Management. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $387,567 |
| Monthly Rent | $2,077 |
| Price-to-Rent | 15.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.2% |
| 5-Year IRR | 2.4% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | -1.8% ▼ |
| 10-Year CAGR | -1.2% ▼ |
🏠 Rent Trends
| 1-Year | -10.3% ▼ |
| 3-Year CAGR | -3.3% ▼ |
| 5-Year CAGR | -0.6% ▼ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 19102
Population: 5,946
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 19102
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bache-Martin Sch
Blaine James G Sch
Brown Henry A Sch
Childs George W Sch
Cooper's Poynt Family School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What do rentals go for in Philadelphia, PA?
Rent in Philadelphia, PA is around $2,077/mo. The resulting rent-to-value relationship with $388K pricing is reasonable for most investor models.
How strict are landlord regulations in Philadelphia, PA?
PA law landlord-friendly for landlords, and Philadelphia inherits those rules. Investors should still review local ordinances for rental licensing.
Does Philadelphia, PA make sense for an investment property?
Investors tracking Philadelphia, PA will find a 3.0/5 rating supported by $388K median home values and $2,077/mo rents. That profile suits long-term holders targeting stable returns.
Should investors worry about vacancy in Philadelphia, PA?
Rental vacancy in Philadelphia, PA is elevated. Investors should budget normal turnover but not chronic empty units.
Is Philadelphia, PA good for house hacking?
House hacking in Philadelphia, PA is reasonable to execute. Prices around $388K and rents of $2,077/mo solid owner-occupant economics.
You know 19102 now. You don’t know where it ranks.
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How 19102 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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