624 Spruce StDarbyPA19023
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 624 Spruce St, Darby, PA, 19023 in Darby delivers $2,174/mo in gross rent and $464/mo in net monthly income at a $261,000 entry. The 10% yield and 1.85 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $72,109 over five years and $2,404/yr in equity from loan paydown, total projected return is $129,242.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $464 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,174 |
| Total Monthly Debt Service | $1,606 |
| DSCR Ratio | 1.35x |
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
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19023, Darby, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,170 (49.5%) |
| Renter Occupied HU | 3,528 (41.9%) |
| Vacant Housing Units | 725 ( 8.6%) |
| Median Home Value | $144,434 |
| Average Home Value | $267,251 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,717
Multi-Family
326
Businesses
513
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
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19023, Darby, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,170 (49.5%) |
| Renter Occupied HU | 3,528 (41.9%) |
| Vacant Housing Units | 725 ( 8.6%) |
| Median Home Value | $144,434 |
| Average Home Value | $267,251 |
Housing Distribution
Address Breakdown
Residential
8,043
Single Family
7,717
Multi-Family
326
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Orges Gode • REALTY ONE GROUP FOCUS
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PADE2090108
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