11 Corriere RdEastonPA18045
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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
Investment Highlights
Investment property for sale in Easton at 11 Corriere Rd, Easton, PA, 18045 offers a 11.27% rental yield on a $339,000 purchase with $3,185/mo rent. Total monthly income registers $3,185/mo, and a $1,659/mo payment leaves $964/mo available for distribution. Annual cash flow reaches $11,566/yr on $112,379 to close, and return on cash invested stands at 30.2% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 158.5% and total cumulative return in cash at $178,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,185/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1996
4,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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Listed by: Barbara B. Laudone • Laudone & Associates, Inc
Mls Name: GLVR
Mls ID: #765350