1050 Westgate DrBethlehemPA18017
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1050 Westgate Dr, Bethlehem, PA, 18017 in Bethlehem is a solid income-producing rental, 8.59% gross yield, $2,676/mo rent, $225/mo net cash flow on a $374,000 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $103,329 and $3,445/yr in principal reduction project a total cumulative return of $156,904.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $225 | $1,250 |
City averages based on Bethlehem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,676 |
| Total Monthly Debt Service | $2,302 |
| DSCR Ratio | 1.16x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
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
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Y. Barndt • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #757842
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.