392 Joseph St, Norristown, PA, 19403 | $332/mo Cash Flow

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392 Joseph St, Norristown, PA, 19403 | $332/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

Investment property for sale in Norristown at 392 Joseph St, Norristown, PA, 19403 listed at $540,000 pairs $3,870/mo rent with a $2,643/mo payment to leave $332/mo cash flow. Total monthly income runs $3,870/mo, and annual cash flow reaches $3,978/yr on $177,660 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 8.6% at a $540,000 basis. Equity gained on principal adds $3,485/yr, and annual property appreciation at 5% supports $149,192 by year five. Five-year ROI tracks 116.12% and total cumulative return in cash totals $206,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,870/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1959

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Professional photos to be shared on Thursday 9/18. Showings start Friday, 9/19! Beautifully Updated Home in Sought-After Halford Tract Community.... Welcome to this meticulously maintained gem nestled in the highly desirable Halford Tract neighborhood. From the moment you arrive, you'll appreciate the care and pride the owners have taken in every detail of this stunning home. Enjoy your mornings on the cozy front porch, perfectly connecting the two-car garage and front entry a serene spot for coffee or conversation. Step inside to discover newer hardwood floors throughout the main level, setting a warm and inviting tone. The updated kitchen features ceramic tile flooring, a stylish backsplash, a spacious center island, and huge pantry cabinetry, making it a perfect space for cooking and gathering. The formal living and dining rooms boast an airy, sunlit feel, thanks to double-paned windows that frame the home in natural light. A wide staircase leads to the second floor, where you'll find three generously sized bedrooms and two full bathrooms. The fully renovated guest bath features a marble vanity, built-in cabinetry, and ceramic tile shower and floors. The owner's suite offers a walk-in closet with custom shelving and an updated en-suite bathroom with a walk-in shower. Hardwood flooring continues throughout the upstairs bedrooms and hallway, adding continuity and warmth. The lower level provides even more living space with a welcoming family room featuring a gas fireplace, a remodeled powder room, and a mudroom for added convenience. Sliding doors lead to a tranquil patio area, 10' x 10' shed, and a beautifully maintained garden a perfect setting for outdoor entertaining or quiet relaxation. The yard backs to privately owned, undevelopable land, ensuring lasting privacy and peaceful views. Additional features include: Newer windows throughout, offering beautiful views from every bedroom. Spacious crawlspace and ample garage storage. New AC unit (2024). Heater (2014).

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