1661 Ilona DrHellertownPA18055
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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 1661 Ilona Dr, Hellertown, PA, 18055 uses $96,102 cash to close to unlock $7,383/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,515/mo, and a $1,419/mo payment keeps the spread at $615/mo. Purchase price stands at $289,900, and rental yield measures 10.41% with $2,515/mo rent. Return on cash invested shows 27.59% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 144.54% and total cumulative return in cash records $138,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,515/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1988
4,660 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: Jonathan R. Schultz • BHHS Fox & Roach Doylestown
Mls Name: GLVR
Mls ID: #770068