609 Edison Ave #609EPhiladelphiaPA19116
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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 609 Edison Ave #609E, Philadelphia, PA, 19116 uses $87,814 cash to close to unlock $6,104/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $2,245/mo, and a $1,297/mo payment keeps the spread at $509/mo. Purchase price stands at $264,900, and rental yield measures 10.17% with $2,245/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 140.61% and total cumulative return in cash records $123,476. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
N/A 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: Akmal Kholb • Skyline Realtors, LLC
Mls Name: Bright MLS
Mls ID: #PAPH2534522