110 Canal ParkEastonPA18042
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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 110 Canal Park, Easton, PA, 18042 with 5% annual appreciation on a $199,900 basis while $2,050/mo rent supports operations. Total monthly income totals $2,050/mo and a $978/mo payment preserves $541/mo for cash returns. Annual cash flow comes to $6,486/yr on $66,267 deployed, and return on cash invested reaches 29.7% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 12.31%. Five-year ROI measures 157.15% and total cumulative return in cash totals $104,137.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,050/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1990
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18042, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 8,630 (48.4%) |
| Renter Occupied HU | 7,870 (44.2%) |
| Vacant Housing Units | 1,316 ( 7.4%) |
| Median Home Value | $265,459 |
| Average Home Value | $331,828 |
Housing Distribution
Address Breakdown
Residential
16,997
Single Family
15,090
Multi-Family
1,907
Businesses
1,187
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Listed by: Jeffrey D. Torchia • Preferred Properties Plus
Mls Name: GLVR
Mls Provider:
Mls ID: #746460
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.