








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 1432 Calypso Ave, Bethlehem, PA, 18018 offers a 9.79% rental yield on a $349,900 purchase with $2,854/mo rent. Total monthly income registers $2,854/mo, and a $1,713/mo payment leaves $1/mo available for distribution. Annual cash flow reaches $9/yr on $115,992 to close, and return on cash invested stands at 19.92% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 105.46% and total cumulative return in cash at $122,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,854/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 1989
N/A lot
$N/A/sqft
$1,428 quarterly HOA
Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.
| 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 |
Residential
14,710
Single Family
11,730
Multi-Family
2,980
Businesses
1,144
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $6222.44 | 0.89% | $219,100 | N/A |
| 2023-03-24 | $6167.67 | N/A | $219,100 | N/A |
| 2022-03-24 | $6167.67 | -1.16% | $219,100 | N/A |



Listed by: Nancy K. Unangst • Keller Williams Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #753982
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.