1903 Spruce St APT 3E, Philadelphia, PA, 19103 | $73/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1903 Spruce St APT 3E, Philadelphia, PA, 19103 | $73/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

Rental property for sale in Philadelphia at 1903 Spruce St APT 3E, Philadelphia, PA, 19103 generates $4,168/mo in rent and, after a $3,059/mo payment, leaves $73/mo in cash flow. Total monthly income is $4,168/mo, and annual cash flow is $870/yr on $205,625 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 8% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 106.38% and total cumulative return in cash sums $218,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,168/mo property income rather than buyer’s personal income.

Condo

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning two-bedroom, two-bathroom condo located just one block from Rittenhouse Square. This home offers the perfect combination of modern living and one of the most desirable locations in the city. Step into the dramatic living area featuring soaring two-story ceilings and oversized windows that fill the space with natural light. The open layout is complemented by a loft area overlooking the living room, providing an ideal space for a second bedroom, home office, den, or reading nook. One of the true highlights of this property is the two private outdoor spaces with incredible city views. A spacious rooftop deck offers plenty of room for entertaining, dining, or simply relaxing, while an additional outdoor balcony provides even more options for enjoying the city skyline. The home includes a first floor generously sized bedroom, loft area and two full bathrooms, designed with both comfort and style in mind. With world-class dining, shopping, and Rittenhouse Square Park just steps from your front door, this location offers unparalleled convenience and a highly walkable lifestyle. Experience the best of Philadelphia living in this exceptional condoperfect for anyone seeking a vibrant city lifestyle in the heart of Rittenhouse.

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