603 Edison Ave #603BPhiladelphiaPA19116
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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
Investment Highlights
Investment property for sale in Philadelphia at 603 Edison Ave #603B, Philadelphia, PA, 19116 earns $1,399/mo cash flow from $2,315/mo rent with a $661/mo payment. Total monthly income totals $2,315/mo, and annual cash flow totals $16,793/yr on $44,753 capital. ROI tracks 57.43% on current figures, and rental yield reads 20.58% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 304.93% and total cumulative return in cash sums $136,465. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,315/mo property income instead of your personal income.
Condo
Built in 1979
1,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19116, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,139 (100%) |
| Owner Occupied HU | 7,925 (56.1%) |
| Renter Occupied HU | 5,772 (40.8%) |
| Vacant Housing Units | 442 ( 3.1%) |
| Median Home Value | $341,832 |
| Average Home Value | $360,989 |
Housing Distribution
Address Breakdown
Residential
13,472
Single Family
11,363
Multi-Family
2,109
Businesses
744
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Listed by: N/A • N/A
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