424 E Marshall StNorristownPA19401
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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 Norristown at 424 E Marshall St, Norristown, PA, 19401 uses $85,361 cash to close to unlock $3,396/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $1,970/mo, and a $1,260/mo payment keeps the spread at $283/mo. Purchase price stands at $257,500, and rental yield measures 9.18% with $1,970/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash records $106,393. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
5,000 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,689
Single Family
13,656
Multi-Family
3,033
Businesses
1,289
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Listed by: Linda Kennedy • RE/MAX Ace Realty
Mls Name: Bright MLS
Mls ID: #PAMC2139902