516 Kohn 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 516 Kohn St, Norristown, PA, 19401 priced at $259,900 converts $2,111/mo rent into $408/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,111/mo, and annual cash flow totals $4,896/yr on $86,157 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 9.75% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 133.78% and total cumulative return in cash sums $115,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,111/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Multi Family
Built in 1895
1,425 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: Margarita Swartz • Springer Realty Group
Mls Name: Bright MLS
Mls ID: #PAMC2165708