1613 N 61st StPhiladelphiaPA19151
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1613 N 61st St, Philadelphia, PA, 19151 in Philadelphia worth modelling. At $161,000 with a 9.28% gross yield, the $1,245/mo rent leaves $190/mo after the $724/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $44,481 by year five; $1,483/yr in principal reduction adds further equity. Total projected return: $73,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $190 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,245 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 1.26x |
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.
Townhouse
Built in 1925
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19151, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,244 (100%) |
| Owner Occupied HU | 7,730 (58.4%) |
| Renter Occupied HU | 4,305 (32.5%) |
| Vacant Housing Units | 1,209 ( 9.1%) |
| Median Home Value | $224,170 |
| Average Home Value | $267,717 |
Housing Distribution
Address Breakdown
Residential
12,804
Single Family
11,391
Multi-Family
1,413
Businesses
677
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
Townhouse
Built in 1925
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19151, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,244 (100%) |
| Owner Occupied HU | 7,730 (58.4%) |
| Renter Occupied HU | 4,305 (32.5%) |
| Vacant Housing Units | 1,209 ( 9.1%) |
| Median Home Value | $224,170 |
| Average Home Value | $267,717 |
Housing Distribution
Address Breakdown
Residential
12,804
Single Family
11,391
Multi-Family
1,413
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Massengale • Realty Mark Cityscape-King of Prussia
Mls Name: Bright MLS
Mls ID: #PAPH2539290