508 E Winona AveNorwoodPA19074
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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 Norwood at 508 E Winona Ave, Norwood, PA, 19074 generates $2,750/mo in rent and, after a $1,248/mo payment, leaves $1,079/mo in cash flow. Total monthly income is $2,750/mo, and annual cash flow is $12,949/yr on $84,533 invested. Return on cash invested sits at 35.23% in year one, and rental yield is 12.94% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 185.52% and total cumulative return in cash sums $156,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,750/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19074, Norwood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,735 (72.2%) |
| Renter Occupied HU | 571 (23.8%) |
| Vacant Housing Units | 98 ( 4.1%) |
| Median Home Value | $255,789 |
| Average Home Value | $282,486 |
Housing Distribution
Address Breakdown
Residential
2,325
Single Family
2,107
Multi-Family
218
Businesses
122
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Listed by: Mike Mulholland • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PADE2101594