44 N Barry AveNorristownPA19403
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 44 N Barry Ave, Norristown, PA, 19403 in Norristown at $110,000 earns $868/mo in rent and nets $147/mo after the $495/mo payment, a 9.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,391 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $1,013/yr in principal paydown, total projected return reaches $51,349.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 4.2% |
| Monthly Cash Flow | $147 | $450 |
City averages based on Norristown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $868 |
| Total Monthly Debt Service | $677 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Gallagher • Keller Williams Real Estate-Blue Bell
Mls Name: Bright MLS
Mls ID: #PAMC2150508