6502 Algon AvePhiladelphiaPA19111
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow6502 Algon Ave, Philadelphia, PA, 19111 in Philadelphia earns its strong cash-flow label: 10.82% yield, $3,358/mo rent, $917/mo net income, DSCR 2.00. The $372,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $102,915 by year five. Combined with $3,431/yr in principal paydown, total projected return reaches $200,883.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.8% |
| Monthly Cash Flow | $917 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,358 |
| Total Monthly Debt Service | $2,293 |
| DSCR Ratio | 1.46x |
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 1948
2,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19111, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,600 (100%) |
| Owner Occupied HU | 14,340 (53.9%) |
| Renter Occupied HU | 10,714 (40.3%) |
| Vacant Housing Units | 1,546 ( 5.8%) |
| Median Home Value | $282,972 |
| Average Home Value | $313,932 |
Housing Distribution
Address Breakdown
Residential
24,400
Single Family
20,282
Multi-Family
4,118
Businesses
938
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 1948
2,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19111, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,600 (100%) |
| Owner Occupied HU | 14,340 (53.9%) |
| Renter Occupied HU | 10,714 (40.3%) |
| Vacant Housing Units | 1,546 ( 5.8%) |
| Median Home Value | $282,972 |
| Average Home Value | $313,932 |
Housing Distribution
Address Breakdown
Residential
24,400
Single Family
20,282
Multi-Family
4,118
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ned Graham • Coldwell Banker Hearthside Realtors
Mls Name: Bright MLS
Mls ID: #PAPH2520962