115 Stony Way #115East NorritonPA19403
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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 East Norriton at 115 Stony Way #115, East Norriton, PA, 19403 earns $578/mo cash flow from $2,448/mo rent with a $1,397/mo payment. Total monthly income totals $2,448/mo, and annual cash flow totals $6,930/yr on $94,643 capital. ROI tracks 27.23% on current figures, and rental yield reads 10.29% at a $285,500 purchase. Equity gained on principal adds $1,842/yr, and 5% annual appreciation supports $78,878 over five years. Five-year ROI reaches 142.6% and total cumulative return in cash sums $134,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,448/mo property income instead of your personal income.
Townhouse
Built in 1971
1,242 sqft 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: Tahira Spence • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAMC2139090