210 Canal ParkEastonPA18042
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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
Rental property for sale in Easton at 210 Canal Park, Easton, PA, 18042 priced at $199,900 pairs $1,679/mo rent with $370/mo cash flow after a $978/mo payment. Total monthly income equals $1,679/mo, and annual cash flow comes to $4,434/yr on $66,267 invested. Return on cash invested is 26.6% in year one, and rental yield stands at 10.08% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 139.26% and total cumulative return in cash reaches $92,281. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18042, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 8,630 (48.4%) |
| Renter Occupied HU | 7,870 (44.2%) |
| Vacant Housing Units | 1,316 ( 7.4%) |
| Median Home Value | $265,459 |
| Average Home Value | $331,828 |
Housing Distribution
Address Breakdown
Residential
16,997
Single Family
15,090
Multi-Family
1,907
Businesses
1,187
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Listed by: Tom McGrew • AllCountyLehighValleyPropMgmt
Mls Name: GLVR
Mls ID: #769672