439 Wendover DrNorristownPA19403
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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 439 Wendover Dr, Norristown, PA, 19403 offers $2,002/mo rent that, after a $1,101/mo payment, leaves $528/mo cash flow. Total monthly income is $2,002/mo, and annual cash flow is $6,334/yr on $74,588 cash. Return on cash invested measures 28.4% in year one, and rental yield stands at 10.68% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 148.86% and total cumulative return in cash reaches $111,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,002/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,236
Single Family
15,917
Multi-Family
3,319
Businesses
903
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Listed by: Mariel Gniewoz • Keller Williams Real Estate-Montgomeryville
Mls Name: Bright MLS
Mls ID: #PAMC2165206