Real Estate Investing in Philadelphia, Pennsylvania (19119)
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Should you buy in 19119 (Philadelphia, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Philadelphia, PA (19119)?
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Market Analysis: 19119 Philadelphia
Investors eyeing 19119 need to respect the fundamentals at play. Home values of $371K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $371K asset, 19119 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 19119 and stronger Philadelphia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 19119 ZIP's population of 28,566 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The 19119 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $262,093 | $1,630 | 4.5% | +2.8% | $131,046 |
| 3BR | $291,501 | $1,950 | 4.8% | +5.5% | $97,167 |
| 4BR | $456,706 | $2,180 | 3.4% | +5.3% | $114,176 |
| 5BR | $677,424 | — | — | +6.0% | $135,485 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19119 Compare?
| Metric | 19119 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $370,948 | $260,324 | $278,018 |
| 5-Year CAGR | 3.2% | 1.2% | 6.3% |
| Avg Rent | $1,517 | $1,659 | - |
| Cap Rate | 3.2% | 5.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19119 (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 | $370,948 |
| Monthly Rent | $1,517 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | +2.3% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 19119
Population: 28,566
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 19119
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Cooke Jay MS
Hill Freedman World Academy
Kelly John B Sch
Roosevelt Theodore MS
Roxborough HS
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
Is real estate in Philadelphia, PA a good investment right now?
Philadelphia, PA rates 3.0/5 for investability. With median values at $371K and rents near $1,517/mo, the market offers reasonable fundamentals for rental investors.
Do rentals sit vacant long in Philadelphia, PA?
Rental vacancy in Philadelphia, PA is elevated. Investors should budget normal turnover but not chronic empty units.
How much do tenants pay in Philadelphia, PA?
Expect rents around $1,517/mo per month in Philadelphia, PA. With home values at $371K, the yield math works out to reasonable levels for rental investors.
Is Philadelphia, PA a good market for FHA house hackers?
Philadelphia, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $371K price point reasonable to enter.
How landlord-friendly is Philadelphia, PA?
Landlord-friendliness in Philadelphia, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 19119 now. You don’t know where it ranks.
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How 19119 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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