532 Devon RdNorwoodPA19074
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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
Investment property for sale in Norwood at 532 Devon Rd, Norwood, PA, 19074 offers a 11.73% rental yield on a $234,900 purchase with $2,297/mo rent. Total monthly income registers $2,297/mo, and a $1,150/mo payment leaves $757/mo available for distribution. Annual cash flow reaches $9,089/yr on $77,869 to close, and return on cash invested stands at 31.58% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 165.95% and total cumulative return in cash at $129,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,297/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
3,484 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: Mark Barone • Keller Williams Real Estate - Media
Mls Name: Bright MLS
Mls ID: #PADE2099136