1800 B Merlot DrEastonPA18045
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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 1800 B Merlot Dr, Easton, PA, 18045 uses $94,444 cash to close to unlock $4,302/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $2,225/mo, and a $1,394/mo payment keeps the spread at $359/mo. Purchase price stands at $284,900, and rental yield measures 9.37% with $2,225/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 127.76% and total cumulative return in cash records $120,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,225/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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Listed by: Jesse J. Chupella • Home Team Real Estate
Mls Name: GLVR
Mls ID: #770896