1324 Locust St APT 1524PhiladelphiaPA19107
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1324 Locust St APT 1524, Philadelphia, PA, 19107 in Philadelphia. At $103,500 it earns $1,409/mo in rent and distributes $288/mo to the owner after the $465/mo payment, a consistent 16.33% yield. DSCR 3.03 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $28,595 in value; $953/yr in principal paydown compounds ownership stake. Total projected return: $59,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 5.8% |
| Monthly Cash Flow | $288 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,409 |
| Total Monthly Debt Service | $1,080 |
| DSCR Ratio | 1.30x |
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.
Apartment
Built in 1900
N/A lot
$N/A/sqft
$443 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19107, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,060 (100%) |
| Owner Occupied HU | 1,628 (13.5%) |
| Renter Occupied HU | 8,584 (71.2%) |
| Vacant Housing Units | 1,848 (15.3%) |
| Median Home Value | $556,796 |
| Average Home Value | $648,338 |
Housing Distribution
Address Breakdown
Residential
10,846
Single Family
1,500
Multi-Family
9,346
Businesses
2,322
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
Apartment
Built in 1900
N/A lot
$N/A/sqft
$443 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19107, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,060 (100%) |
| Owner Occupied HU | 1,628 (13.5%) |
| Renter Occupied HU | 8,584 (71.2%) |
| Vacant Housing Units | 1,848 (15.3%) |
| Median Home Value | $556,796 |
| Average Home Value | $648,338 |
Housing Distribution
Address Breakdown
Residential
10,846
Single Family
1,500
Multi-Family
9,346
Businesses
2,322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A