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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Norristown, PA
Listed for sale 3 days ago
$ 265,000
ROI
25.1
Cash Flow/m
395- 3 Bed
- 1 Bath
- 1021 sft
805 Northridge Dr #108B, Norristown, PA, 19403
$ 225,000
ROI
28.2Cash Flow/m
528- 2 Bed
- 1 Bath
- 903 sft
439 Wendover Dr, Norristown, PA, 19403
$ 284,900
ROI
25.1Cash Flow/m
424- 2 Bed
- 2 Bath
- 1080 sft
1651 Markley St, Norristown, PA, 19401
$ 210,000
ROI
21.4Cash Flow/m
94- 2 Bed
- 2 Bath
- 1232 sft
176 Riversedge Dr, Norristown, PA, 19403
Why Invest in Norristown, Pennsylvania?
Norristown, PA offers strong potential for condo investors seeking steady rental income near Philadelphia. Recent home price appreciation of around 7-8% supports equity growth[1]. Rental yields average 6-7% with cap rates near 5.5% in this stable market. Proximity to employment hubs drives consistent demand from renters. Municipal investments bolster long-term value for multifamily properties.
8.5%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
7.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% due to commuter demand. Proximity to jobs keeps occupancy high. Appreciation trends support long-term holds.
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