








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Bethlehem at 1239 Mechanic St, Bethlehem, PA, 18015 with 5% annual appreciation on a $254,900 basis while $3,853/mo rent supports operations. Total monthly income totals $3,853/mo and a $1,248/mo payment preserves $2,182/mo for cash returns. Annual cash flow comes to $26,187/yr on $84,499 deployed, and return on cash invested reaches 50.9% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 18.14%. Five-year ROI measures 269.54% and total cumulative return in cash totals $227,760.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,853/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
2,918 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18015, Bethlehem, PA area.
| 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 |
Residential
12,231
Single Family
10,745
Multi-Family
1,486
Businesses
801
Date | Event | Price |
|---|---|---|
| 2024-09-08 | Listed for sale | $254,900 |
| 1998-06-05 | Sold | $57,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-13 | $1639.84 | 0.28% | $18,500 | N/A |
| 2023-09-13 | $1635.22 | N/A | $18,500 | N/A |
| 2022-09-13 | $1635.22 | 649.07% | $18,500 | N/A |



What's Special
Storage
Listed by: John C. Walton • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #744826
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.