2229 Worthington AveBethlehemPA18017
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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 Bethlehem at 2229 Worthington Ave, Bethlehem, PA, 18017 uses $100,776 cash to close to unlock $3,526/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $2,286/mo, and a $1,488/mo payment keeps the spread at $294/mo. Purchase price stands at $304,000, and rental yield measures 9.02% with $2,286/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $83,990 over five years. Five-year ROI reaches 122.08% and total cumulative return in cash records $123,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,286/mo property income covering a $1,488/mo payment rather than investor’s personal income.
Single Family
Built in 1947
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
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Listed by: Frank J. Renaldi, Jr. • CENTURY 21 Pinnacle
Mls Name: GLVR
Mls Provider:
Mls ID: #761990
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.