1589 Main StHellertownPA18055
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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 Hellertown at 1589 Main St, Hellertown, PA, 18055 offers a 8.1% rental yield on a $249,000 purchase with $1,681/mo rent. Total monthly income registers $1,681/mo, and a $1,219/mo payment leaves $49/mo available for distribution. Annual cash flow reaches $589/yr on $82,544 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 107.21% and total cumulative return in cash at $88,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,681/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18055, Hellertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,300 (100%) |
| Owner Occupied HU | 3,972 (74.9%) |
| Renter Occupied HU | 1,028 (19.4%) |
| Vacant Housing Units | 300 ( 5.7%) |
| Median Home Value | $402,288 |
| Average Home Value | $504,922 |
Housing Distribution
Address Breakdown
Residential
5,260
Single Family
5,109
Multi-Family
151
Businesses
352
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Listed by: Jeffrey S. Adams • RE/MAX Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #754776
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.