118 Independence CtBethlehemPA18020
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
Investment Highlights
Rental property for sale in Bethlehem at 118 Independence Ct, Bethlehem, PA, 18020 generates $2,777/mo in rent and, after a $1,517/mo payment, leaves $746/mo in cash flow. Total monthly income is $2,777/mo, and annual cash flow is $8,953/yr on $102,732 invested. Return on cash invested sits at 28.62% in year one, and rental yield is 10.75% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 150.1% and total cumulative return in cash sums $154,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,777/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
914.76 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18020, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,218 (100%) |
| Owner Occupied HU | 6,773 (82.4%) |
| Renter Occupied HU | 1,257 (15.3%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $376,861 |
| Average Home Value | $434,968 |
Housing Distribution
Address Breakdown
Residential
8,251
Single Family
7,976
Multi-Family
275
Businesses
623
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael C. Dickinson • Miklas Realty
Mls Name: GLVR
Mls ID: #765251