1645C Canal StNorthamptonPA18067
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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 Northampton at 1645C Canal St, Northampton, PA, 18067 offers a 11.65% rental yield on a $234,900 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,150/mo payment leaves $740/mo available for distribution. Annual cash flow reaches $8,885/yr on $77,869 to close, and return on cash invested stands at 31.32% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 164.53% and total cumulative return in cash at $128,121. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
2,395 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18067, Northampton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 6,561 (76.5%) |
| Renter Occupied HU | 1,698 (19.8%) |
| Vacant Housing Units | 312 ( 3.6%) |
| Median Home Value | $328,946 |
| Average Home Value | $373,828 |
Housing Distribution
Address Breakdown
Residential
8,574
Single Family
8,138
Multi-Family
436
Businesses
366
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Listed by: Shawn M. Correll • Century 21 Ryon Real Estate
Mls Name: GLVR
Mls ID: #770714