11 W 2nd St UNIT 102BethlehemPA18015
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 11 W 2nd St UNIT 102, Bethlehem, PA, 18015 in Bethlehem. Rental yield 5.27%. At $495,000 with 5.27% gross yield, current distributions are modest, but the 5% appreciation rate projects $136,759 in new equity by year five, complemented by $4,559/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.98) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $73,889.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(1,833) | $1,250 |
City averages based on Bethlehem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,172 |
| Total Monthly Debt Service | $3,808 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Apartment
Built in 2006
2,178 sqft lot
$N/A/sqft
$761 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18015, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,114 (46.9%) |
| Renter Occupied HU | 5,912 (45.3%) |
| Vacant Housing Units | 1,017 ( 7.8%) |
| Median Home Value | $341,772 |
| Average Home Value | $434,739 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
10,745
Multi-Family
1,486
Businesses
801
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
Apartment
Built in 2006
2,178 sqft lot
$N/A/sqft
$761 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18015, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,114 (46.9%) |
| Renter Occupied HU | 5,912 (45.3%) |
| Vacant Housing Units | 1,017 ( 7.8%) |
| Median Home Value | $341,772 |
| Average Home Value | $434,739 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
10,745
Multi-Family
1,486
Businesses
801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt
Mls Name: GLVR
Mls Provider:
Mls ID: #751135
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.