1600 Arch St APT 620PhiladelphiaPA19103
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 1600 Arch St APT 620, Philadelphia, PA, 19103 in Philadelphia offers a clean, manageable entry. Rental yield 7.1%. DSCR 1.32 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $124,327 in additional property value over five years, with $4,145/yr in principal equity building ownership stake. Total projected cumulative return: $153,000.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 5.8% |
| Monthly Cash Flow | $(996) | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,663 |
| Total Monthly Debt Service | $2,770 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19103, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,227 (100%) |
| Owner Occupied HU | 6,130 (27.6%) |
| Renter Occupied HU | 13,428 (60.4%) |
| Vacant Housing Units | 2,669 (12.0%) |
| Median Home Value | $615,409 |
| Average Home Value | $748,307 |
Housing Distribution
Address Breakdown
Residential
20,720
Single Family
2,282
Multi-Family
18,438
Businesses
2,556
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 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19103, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,227 (100%) |
| Owner Occupied HU | 6,130 (27.6%) |
| Renter Occupied HU | 13,428 (60.4%) |
| Vacant Housing Units | 2,669 (12.0%) |
| Median Home Value | $615,409 |
| Average Home Value | $748,307 |
Housing Distribution
Address Breakdown
Residential
20,720
Single Family
2,282
Multi-Family
18,438
Businesses
2,556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #PAPH2599816