1916 Washington AveNorthamptonPA18067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Northampton at 1916 Washington Ave, Northampton, PA, 18067 generates $2,021/mo in rent and, after a $805/mo payment, leaves $943/mo in cash flow. Total monthly income is $2,021/mo, and annual cash flow is $11,319/yr on $54,532 invested. Return on cash invested sits at 40.66% in year one, and rental yield is 14.74% on a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 214.7% and total cumulative return in cash sums $117,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,021/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
2,874 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan J. Hadeed • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls ID: #763105