1502 W Norwegian StPottsvillePA17901
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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 Pottsville at 1502 W Norwegian St, Pottsville, PA, 17901 uses $48,034 cash to close to unlock $2,564/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,163/mo, and a $709/mo payment keeps the spread at $214/mo. Purchase price stands at $144,900, and rental yield measures 9.63% with $1,163/mo rent. Return on cash invested shows 25.25% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 131.98% and total cumulative return in cash records $63,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,163/mo property income covering a $709/mo payment rather than investor’s personal income.
Townhouse
Built in 1907
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17901, Pottsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,202 (100%) |
| Owner Occupied HU | 6,769 (60.4%) |
| Renter Occupied HU | 2,964 (26.5%) |
| Vacant Housing Units | 1,469 (13.1%) |
| Median Home Value | $166,092 |
| Average Home Value | $193,218 |
Housing Distribution
Address Breakdown
Residential
10,336
Single Family
9,279
Multi-Family
1,057
Businesses
934
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Listed by: Brianna Coccio • Iron Valley Real Estate - Coal Region
Mls Name: PMAR
Mls ID: #PM-135225