1417 Lorain AveBethlehemPA18018
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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 Bethlehem at 1417 Lorain Ave, Bethlehem, PA, 18018 uses $84,533 cash to close to unlock $1,777/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,819/mo, and a $1,248/mo payment keeps the spread at $148/mo. Purchase price stands at $255,000, and rental yield measures 8.56% with $1,819/mo rent. Return on cash invested shows 22.01% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 114.65% and total cumulative return in cash records $96,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,819/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1915
2,047 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,541 (100%) |
| Owner Occupied HU | 7,833 (50.4%) |
| Renter Occupied HU | 6,780 (43.6%) |
| Vacant Housing Units | 928 ( 6.0%) |
| Median Home Value | $290,745 |
| Average Home Value | $351,910 |
Housing Distribution
Address Breakdown
Residential
14,710
Single Family
11,730
Multi-Family
2,980
Businesses
1,144
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Listed by: Sean M. Mulrine • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #770026