2009 Spruce St #CPhiladelphiaPA19103
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 2009 Spruce St #C, Philadelphia, PA, 19103 listed at $1,200,000 pairs $4,915/mo rent with a $5,873/mo payment. Total monthly income runs $4,915/mo. Return on cash invested measures 11.27% in year one, and rental yield registers 4.92% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 56.9% and total cumulative return in cash totals $221,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,915/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
3,861 sqft 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: Kate McCann • Elfant Wissahickon Realtors
Mls Name: Bright MLS
Mls ID: #PAPH2575614