1328 Melanie LnEastonPA18045
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 Easton at 1328 Melanie Ln, Easton, PA, 18045 generates $3,366/mo in rent and, after a $2,203/mo payment, leaves $417/mo in cash flow. Total monthly income is $3,366/mo, and annual cash flow is $5,001/yr on $149,175 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 8.98% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 121.3% and total cumulative return in cash sums $180,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,366/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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Listed by: Jeff Witter • Weichert Realtors
Mls Name: GLVR
Mls ID: #766230