254 E Main St, Norristown, PA, 19401 | $12/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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254 E Main St, Norristown, PA, 19401 | $12/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norristown at 254 E Main St, Norristown, PA, 19401 generates $2,430/mo in rent and, after a $1,806/mo payment, leaves $12/mo in cash flow. Total monthly income is $2,430/mo, and annual cash flow is $147/yr on $122,290 invested. Return on cash invested sits at 20.03% in year one, and rental yield is 7.9% on a $368,900 entry. Equity gained on principal adds $2,380/yr, while 5% annual appreciation builds toward $101,920 over five years. Five-year ROI reaches 103.98% and total cumulative return in cash sums $127,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,430/mo property income rather than buyer’s personal income.

Multi Family

Built in 1900

1,552 sqft lot

$N/A/sqft

No HOA

More details about the property

Mixed use commercial property in down town Norristown business district. First floor is commercial and current tenant is operating it as a food market. First floor also has use of the basement for storage. There are 6 parking spacing that can be used during the day. The rent is currently at $1500 and lease runs to February of 2027. Tenant pays electric and $65 for trash. The second and third floor is a large 2 bedroom apartment. Modern kitchen with breakfast area and exit to a second story patio. Modern bath. Currently empty but was rented for $1800. Tenant pays electric & gas plus $65 for trash. This property has been renovated over the last year and is located within Norristown's revitalizing of it's downtown.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19401, Norristown, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,024 (100%)
Owner Occupied HU	7,178 (39.8%)
Renter Occupied HU	9,345 (51.8%)
Vacant Housing Units	1,501 ( 8.3%)
Median Home Value	$273,045
Average Home Value	$339,389