1014 W Main StNorristownPA19401
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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
Rental property for sale in Norristown at 1014 W Main St, Norristown, PA, 19401 generates $1,841/mo in rent and, after a $1,101/mo payment, leaves $367/mo in cash flow. Total monthly income is $1,841/mo, and annual cash flow is $4,402/yr on $74,588 invested. Return on cash invested sits at 25.81% in year one, and rental yield is 9.82% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 134.96% and total cumulative return in cash sums $100,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,841/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19401, Norristown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,024 (100%) |
| Owner Occupied HU | 7,178 (39.8%) |
| Renter Occupied HU | 9,345 (51.8%) |
| Vacant Housing Units | 1,501 ( 8.3%) |
| Median Home Value | $273,045 |
| Average Home Value | $339,389 |
Housing Distribution
Address Breakdown
Residential
16,689
Single Family
13,656
Multi-Family
3,033
Businesses
1,289
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Listed by: Greg Parker • Keller Williams Real Estate-Blue Bell
Mls Name: Bright MLS
Mls ID: #PAMC2147444