622 Seneca AveNorwoodPA19074
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 Norwood at 622 Seneca Ave, Norwood, PA, 19074 at $273,700 posts ROI 26.97% with $534/mo cash flow from $2,449/mo rent. Total monthly income equals $2,449/mo, and annual cash flow records $6,411/yr on $90,732 to close. Return on cash invested measures 26.97% and rental yield reads 10.74% at the current $273,700. Equity gained on principal adds $1,766/yr, and 5% annual appreciation supports $75,618 by year five. Five-year ROI prints 141.82% and total cumulative return in cash totals $128,675.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,449/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
3,746 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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Nearby investment properties with comparable prices
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