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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmerton at 1915 Summer Mountain Rd, Palmerton, PA, 18071 listed at $549,900 pairs $4,908/mo rent with a $2,691/mo payment to leave $1,305/mo cash flow. Total monthly income runs $4,908/mo, and annual cash flow reaches $15,661/yr on $180,917 cash to close. Return on cash invested measures 28.72% in year one, and rental yield registers 10.71% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 150.55% and total cumulative return in cash totals $272,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,908/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18071, Palmerton, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 3,542 (68.4%) |
| Renter Occupied HU | 1,268 (24.5%) |
| Vacant Housing Units | 365 ( 7.1%) |
| Median Home Value | $237,795 |
| Average Home Value | $275,246 |
Residential
4,585
Single Family
4,361
Multi-Family
224
Businesses
275
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $7187.92 | 3.72% | $93,150 | N/A |
| 2022-11-12 | $6930.19 | N/A | $93,150 | N/A |
| 2021-11-12 | $6930.19 | 4.74% | $93,150 | N/A |
Listed by: Bob Hay • Keller Williams Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #746922
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.
