1453 Washington StEastonPA18042
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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 Easton at 1453 Washington St, Easton, PA, 18042 listed at $225,000 pairs $2,103/mo rent with a $1,101/mo payment to leave $596/mo cash flow. Total monthly income runs $2,103/mo, and annual cash flow reaches $7,148/yr on $74,588 cash to close. Return on cash invested measures 29.49% in year one, and rental yield registers 11.22% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 154.93% and total cumulative return in cash totals $115,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,103/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18042, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 8,630 (48.4%) |
| Renter Occupied HU | 7,870 (44.2%) |
| Vacant Housing Units | 1,316 ( 7.4%) |
| Median Home Value | $265,459 |
| Average Home Value | $331,828 |
Housing Distribution
Address Breakdown
Residential
16,997
Single Family
15,090
Multi-Family
1,907
Businesses
1,187
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Listed by: Jennifer L. DeJesus • Steel City Realty
Mls Name: GLVR
Mls Provider:
Mls ID: #755013
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.