115 Lehigh AvePalmertonPA18071
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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 Palmerton at 115 Lehigh Ave, Palmerton, PA, 18071 uses $58,013 cash to close to unlock $6,345/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $857/mo payment keeps the spread at $529/mo. Purchase price stands at $175,000, and rental yield measures 11.49% with $1,676/mo rent. Return on cash invested shows 30.85% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 161.98% and total cumulative return in cash records $93,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1917
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18071, Palmerton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 3,542 (68.4%) |
| Renter Occupied HU | 1,268 (24.5%) |
| Vacant Housing Units | 365 ( 7.1%) |
| Median Home Value | $237,795 |
| Average Home Value | $275,246 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,361
Multi-Family
224
Businesses
275
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Listed by: Nadine L. Bordsen • Coldwell Banker Hearthside
Mls Name: GLVR
Mls ID: #768706