6918 Forrest AvePhiladelphiaPA19138
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 6918 Forrest Ave, Philadelphia, PA, 19138 in Philadelphia, $121,900, 9.37% gross yield, $153/mo net income. Consider it a market-entry position, the $952/mo rent covers the $548/mo payment with a margin, and 5%/yr appreciation is projected to add $33,679 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.74) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $56,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $153 | $850 |
City averages based on Philadelphia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $952 |
| Total Monthly Debt Service | $750 |
| DSCR Ratio | 1.27x |
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.
Townhouse
Built in 1925
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19138, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,252 (100%) |
| Owner Occupied HU | 8,354 (63.0%) |
| Renter Occupied HU | 3,687 (27.8%) |
| Vacant Housing Units | 1,211 ( 9.1%) |
| Median Home Value | $206,936 |
| Average Home Value | $312,950 |
Housing Distribution
Address Breakdown
Residential
12,652
Single Family
12,155
Multi-Family
497
Businesses
535
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
Townhouse
Built in 1925
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19138, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,252 (100%) |
| Owner Occupied HU | 8,354 (63.0%) |
| Renter Occupied HU | 3,687 (27.8%) |
| Vacant Housing Units | 1,211 ( 9.1%) |
| Median Home Value | $206,936 |
| Average Home Value | $312,950 |
Housing Distribution
Address Breakdown
Residential
12,652
Single Family
12,155
Multi-Family
497
Businesses
535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherry Price • RealHome Services and Solutions, Inc.
Mls Name: Bright MLS
Mls ID: #PAPH2571168