Under $300K Investment Properties for Sale in Norristown, PA
551- 3 Bed
- 1 Bath
- 1245 sft
495- 3 Bed
- 2 Bath
- 1368 sft
193- 2 Bed
- 1 Bath
- 1022 sft
86- 3 Bed
- 1 Bath
- 1175 sft
Why Invest in Norristown, Pennsylvania?
Discover investment properties under $300k in Norristown, PA, where median home prices hover around $259K with strong 7.8% year-over-year appreciation. Rental yields average 6-8% driven by proximity to Philadelphia and stable renter demand. Cap rates of 7% offer solid cash flow potential in this revitalizing suburb. Low entry prices combined with 2% annual value growth make it ideal for cash-flow focused investors. Recent budget investments signal ongoing municipal improvements boosting long-term ROI.
Frequently Asked Questions
Yes, median home prices are $259K with many options under $300K offering strong appreciation of 7.8%. These properties provide solid rental yields around 7% due to high renter demand. Proximity to Philadelphia boosts long-term value.
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