Real Estate Investing in Philadelphia, Pennsylvania (19148)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19148 (Philadelphia, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.4% vacancy may signal weakening demand.
What’s happening in Philadelphia, PA (19148)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19148 Philadelphia
The 19148 ZIP in Philadelphia, PA is a local-operator market. Outside capital chasing a $269K entry has to pair deep knowledge with the discount.
The investment case in 19148 is solid only for operators who understand what they are buying. A $269K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader PA picture, 19148 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 19148 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 19148 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Philadelphia:
Property Strategy for 19148
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $262,859 | $1,580 | 4.3% | -0.1% | $262,859 |
| 2BR | $252,717 | $1,880 | 5.4% | +1.8% | $126,359 |
| 3BR | $246,825 | $2,250 | 6.6% | +1.2% | $82,275 |
| 4BR | $349,636 | $2,520 | 5.2% | +2.0% | $87,409 |
| 5BR | $386,155 | — | — | +2.6% | $77,231 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19148 Compare?
| Metric | 19148 | Philadelphia | Pennsylvania |
|---|---|---|---|
| Home Value | $268,777 | $260,324 | $278,018 |
| 5-Year CAGR | 1.6% | 1.2% | 6.3% |
| Avg Rent | $1,758 | $1,659 | - |
| Cap Rate | 5.1% | 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 19148 (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 | $268,777 |
| Monthly Rent | $1,758 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 19148
Population: 50,777
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 19148
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Camden High School
Childs George W Sch
Forest Hill School
Henry B. Wilson Family School
Kirkbride Eliza B Sch
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 Philadelphia, PA a good place for real estate investing?
Yes - Philadelphia, PA a 3.0/5 investability score. With $269K home prices against $1,758/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical vacancy rate in Philadelphia, PA?
Occupancy in Philadelphia, PA runs even-keeled with elevated vacancy. Well-priced units at $1,758/mo lease on reasonable timelines.
How much do tenants pay in Philadelphia, PA?
Rent in Philadelphia, PA is around $1,758/mo. The resulting rent-to-value relationship with $269K pricing is reasonable for most investor models.
Is Philadelphia, PA better for rentals, flips, or BRRRR?
For Philadelphia, PA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is it easy to find good tenants in Philadelphia, PA?
Tenant demand in Philadelphia, PA is solid. The local workforce $1,758/mo rents across most rental classes.
You know 19148 now. You don’t know where it ranks.
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How 19148 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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