1431 Spruce St APT 1RPhiladelphiaPA19102
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
Investment Highlights
Investment property for sale in Philadelphia at 1431 Spruce St APT 1R, Philadelphia, PA, 19102 offers a 10.74% rental yield on a $224,900 purchase with $2,012/mo rent. Total monthly income registers $2,012/mo, and a $1,101/mo payment leaves $538/mo available for distribution. Annual cash flow reaches $6,456/yr on $74,554 to close, and return on cash invested stands at 28.57% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 149.82% and total cumulative return in cash at $111,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,012/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
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: Stephen D'Agostino • DRG Philly
Mls Name: Bright MLS
Mls ID: #PAPH2576990