1716 Pine St APT 3F, Philadelphia, PA, 19103 | $302/mo Cash Flow

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1716 Pine St APT 3F, Philadelphia, PA, 19103 | $302/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Philadelphia at 1716 Pine St APT 3F, Philadelphia, PA, 19103 earns $302/mo cash flow from $2,432/mo rent with a $1,591/mo payment. Total monthly income totals $2,432/mo, and annual cash flow totals $3,624/yr on $107,738 capital. ROI tracks 23.27% on current figures, and rental yield reads 8.98% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash sums $130,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,432/mo property income instead of your personal income.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated one-bedroom, one-bathroom condo in a boutique building on tree-lined Pine Street, just steps from Rittenhouse Square. Combining modern updates with classic charm, this sunny condo features an open floor plan with gleaming hardwood floors, exposed duct work, and custom crown molding. The spacious living and dining room is open to the chefs kitchen, boasting granite countertops, rich wood cabinetry, a breakfast bar, and a full suite of new LG appliances. The spacious bedroom offers a built-in closet system for effortless organization, while the chic bathroom features subway tile, a white vanity, a full-size bathtub, and contemporary finishes. In-unit laundry is conveniently located in the hallway. Youll find an additional private storage locker in the basement. Situated in one of Philadelphias most desirable neighborhoods, youll be surrounded by the citys top restaurants, boutique shopping, world-class theaters, museums, and public transportation. Rittenhouse living at an affordable price!

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