Port Richmond Philadelphia Rental Market

[Anthony Del Russo]

Hey Philly BP community!

I am looking to make my first purchase in Richmond Philadelphia. Looking primarily at updated 3/1 and 3/2 SFH with 1000+ sqft. Are there any property managers or investors out there that are familiar with the rental rates for those types of properties? It seems primarily east of aramingo, depending on amenities they go for 1600-2000/mo. Is that a good ballpark?

Thanks in advance

[Michael Campbell]

Hi @Anthony Del Russo  Depending on how nice the house is and the block, I would estimate $1,500 on the high end, but I think most rentals around there are in the range of $1,100 to $1,400