203 Faith DrCatasauquaPA18032
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
Investment property for sale in Catasauqua at 203 Faith Dr, Catasauqua, PA, 18032 uses $115,959 cash to close to unlock $2,523/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $2,595/mo, and a $1,712/mo payment keeps the spread at $210/mo. Purchase price stands at $349,800, and rental yield measures 8.9% with $2,595/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $96,643 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash records $133,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,595/mo property income covering a $1,712/mo payment rather than investor’s personal income.
Single Family
Built in 1976
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18032, Catasauqua, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,191 (100%) |
| Owner Occupied HU | 2,772 (66.1%) |
| Renter Occupied HU | 1,258 (30.0%) |
| Vacant Housing Units | 161 ( 3.8%) |
| Median Home Value | $270,954 |
| Average Home Value | $321,400 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,747
Multi-Family
367
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John P. Whitby, Jr • I-Do Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #755101
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.