23 Main StEastonPA18040
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 Easton at 23 Main St, Easton, PA, 18040 uses $109,395 cash to close to unlock $6,381/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $2,694/mo, and a $1,615/mo payment keeps the spread at $532/mo. Purchase price stands at $330,000, and rental yield measures 9.8% with $2,694/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 134.59% and total cumulative return in cash records $147,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,694/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1948
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18040, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,009 (100%) |
| Owner Occupied HU | 6,140 (87.6%) |
| Renter Occupied HU | 647 ( 9.2%) |
| Vacant Housing Units | 222 ( 3.2%) |
| Median Home Value | $383,852 |
| Average Home Value | $414,737 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,939
Multi-Family
48
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Escontrias Ednie • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #761052