137 Avondale RdNorristownPA19403
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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 137 Avondale Rd, Norristown, PA, 19403 uses $157,287 cash to close to unlock $5,894/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,322/mo payment keeps the spread at $491/mo. Purchase price stands at $474,470, and rental yield measures 9.1% with $3,600/mo rent. Return on cash invested shows 23.66% in year one, and 5% annual appreciation builds toward $131,087 over five years. Five-year ROI reaches 123.43% and total cumulative return in cash records $194,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,322/mo payment rather than investor’s personal income.
Single Family
Built in 1961
10,100 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: Keith Kline • Coldwell Banker Hearthside Realtors-Collegeville
Mls Name: Bright MLS
Mls ID: #PAMC2154074