112 Burnside AveNorristownPA19403
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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
Investment property for sale in Norristown at 112 Burnside Ave, Norristown, PA, 19403 with 5% annual appreciation on a $300,000 basis while $2,240/mo rent supports operations. Total monthly income totals $2,240/mo and a $1,468/mo payment preserves $275/mo for cash returns. Annual cash flow comes to $3,294/yr on $99,450 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.96%. Five-year ROI measures 121.1% and total cumulative return in cash totals $120,432.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,240/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19403, Norristown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,698 (100%) |
| Owner Occupied HU | 14,128 (71.7%) |
| Renter Occupied HU | 4,723 (24.0%) |
| Vacant Housing Units | 847 ( 4.3%) |
| Median Home Value | $454,144 |
| Average Home Value | $498,387 |
Housing Distribution
Address Breakdown
Residential
19,236
Single Family
15,917
Multi-Family
3,319
Businesses
903
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Listed by: Richard Szostek • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAMC2163404