1646 Norwood AveProspect ParkPA19076
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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 Prospect Park at 1646 Norwood Ave, Prospect Park, PA, 19076 earns from $2,582/mo rent with a $1,953/mo payment. Total monthly income totals $2,582/mo. ROI tracks 19.61% on current figures, and rental yield reads 7.77% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 101.75% and total cumulative return in cash sums $134,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,582/mo property income instead of your personal income.
Multi Family
Built in 1974
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19076, Prospect Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,701 (100%) |
| Owner Occupied HU | 1,645 (60.9%) |
| Renter Occupied HU | 906 (33.5%) |
| Vacant Housing Units | 150 ( 5.6%) |
| Median Home Value | $291,132 |
| Average Home Value | $325,056 |
Housing Distribution
Address Breakdown
Residential
2,651
Single Family
2,299
Multi-Family
352
Businesses
192
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Listed by: Eric Kuhn • Pillar Real Estate Advisors
Mls Name: Bright MLS
Mls ID: #PADE2104814