111 S 15th St APT 1906PhiladelphiaPA19102
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 111 S 15th St APT 1906, Philadelphia, PA, 19102 in Philadelphia speaks for itself: 11.99% gross on a $244,777 price, generating $2,446/mo in rent and $842/mo in net income after the $1,101/mo debt service. DSCR 2.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,099 stacks alongside $67,627 in projected five-year appreciation and $2,254/yr in principal reduction. Projected total cumulative return: $147,422.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 5.8% |
| Monthly Cash Flow | $842 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,446 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19102, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,553 (100%) |
| Owner Occupied HU | 911 (16.4%) |
| Renter Occupied HU | 3,869 (69.7%) |
| Vacant Housing Units | 773 (13.9%) |
| Median Home Value | $562,500 |
| Average Home Value | $677,925 |
Housing Distribution
Address Breakdown
Residential
5,522
Single Family
130
Multi-Family
5,392
Businesses
1,288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19102, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,553 (100%) |
| Owner Occupied HU | 911 (16.4%) |
| Renter Occupied HU | 3,869 (69.7%) |
| Vacant Housing Units | 773 (13.9%) |
| Median Home Value | $562,500 |
| Average Home Value | $677,925 |
Housing Distribution
Address Breakdown
Residential
5,522
Single Family
130
Multi-Family
5,392
Businesses
1,288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hannah Donahue • Brent Celek Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2539892