432 E Basin 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
Rental property for sale in Norristown at 432 E Basin St, Norristown, PA, 19401 priced at $235,000 converts $2,345/mo rent into $805/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $9,663/yr on $77,903 invested. Return on cash invested prints 32.31% in year one, and rental yield reads 11.97% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 169.88% and total cumulative return in cash sums $132,340. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Townhouse
Built in 1951
2,371 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: Andrea Szlavik Rothsching • Keller Williams Real Estate-Montgomeryville
Mls Name: Bright MLS
Mls ID: #PAMC2164782