535 George StNorristownPA19401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 535 George St, Norristown, PA, 19401 in Norristown. Priced at $250,000, it generates $2,296/mo in gross rent and $657/mo in net monthly cash flow, a 11.02% yield that comfortably supports the 1.94 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,889. Five-year appreciation: $69,070. Equity from principal paydown: $2,096/yr. Total projected cumulative return: $132,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 4.2% |
| Monthly Cash Flow | $657 | $450 |
City averages based on Norristown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,296 |
| Total Monthly Debt Service | $1,600 |
| DSCR Ratio | 1.44x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
2,300 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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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dylan Noska • Keller Williams Realty Group
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PAMC2199152
