208 E Cleveland AveNorwoodPA19074
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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 Norwood at 208 E Cleveland Ave, Norwood, PA, 19074 at $275,000 posts ROI 21.2% with $98/mo cash flow from $1,900/mo rent. Total monthly income equals $1,900/mo, and annual cash flow records $1,176/yr on $91,163 to close. Return on cash invested measures 21.2% and rental yield reads 8.29% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 110.22% and total cumulative return in cash totals $100,475.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19074, Norwood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,735 (72.2%) |
| Renter Occupied HU | 571 (23.8%) |
| Vacant Housing Units | 98 ( 4.1%) |
| Median Home Value | $255,789 |
| Average Home Value | $282,486 |
Housing Distribution
Address Breakdown
Residential
2,325
Single Family
2,107
Multi-Family
218
Businesses
122
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Listed by: Stephanie Olenik • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #PADE2099036