530 Norris StNorristownPA19401
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
Investment Highlights
Investment property for sale in Norristown at 530 Norris St, Norristown, PA, 19401 at $188,500 posts ROI 25.29% with $280/mo cash flow from $1,516/mo rent. Total monthly income equals $1,516/mo, and annual cash flow records $3,365/yr on $62,488 to close. Return on cash invested measures 25.29% and rental yield reads 9.65% at the current $188,500. Equity gained on principal adds $1,216/yr, and 5% annual appreciation supports $52,079 by year five. Five-year ROI prints 132.25% and total cumulative return in cash totals $82,641.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,516/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1880
1,400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margarita Swartz • Iron Valley Real Estate Lower Gwynedd
Mls Name: Bright MLS
Mls ID: #PAMC2159034