609 N 34th StPhiladelphiaPA19104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 609 N 34th St, Philadelphia, PA, 19104 in Philadelphia. Priced at $575,000, it generates $5,514/mo in gross rent and $1,746/mo in net monthly cash flow, a 11.51% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $20,953. Five-year appreciation: $158,862. Equity from principal paydown: $5,296/yr. Total projected cumulative return: $331,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.8% |
| Monthly Cash Flow | $1,746 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,514 |
| Total Monthly Debt Service | $3,539 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1930
1,654 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19104, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,594 (100%) |
| Owner Occupied HU | 3,336 (12.5%) |
| Renter Occupied HU | 19,536 (73.5%) |
| Vacant Housing Units | 3,722 (14.0%) |
| Median Home Value | $298,457 |
| Average Home Value | $372,932 |
Housing Distribution
Address Breakdown
Residential
25,141
Single Family
9,688
Multi-Family
15,453
Businesses
1,522
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
Multi Family
Built in 1930
1,654 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19104, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,594 (100%) |
| Owner Occupied HU | 3,336 (12.5%) |
| Renter Occupied HU | 19,536 (73.5%) |
| Vacant Housing Units | 3,722 (14.0%) |
| Median Home Value | $298,457 |
| Average Home Value | $372,932 |
Housing Distribution
Address Breakdown
Residential
25,141
Single Family
9,688
Multi-Family
15,453
Businesses
1,522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices