2358 State Route 309OrefieldPA18069
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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 Orefield at 2358 State Route 309, Orefield, PA, 18069 generates $2,281/mo in rent and, after a $1,273/mo payment, leaves $577/mo in cash flow. Total monthly income is $2,281/mo, and annual cash flow is $6,922/yr on $86,190 invested. Return on cash invested sits at 27.94% in year one, and rental yield is 10.53% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 146.38% and total cumulative return in cash sums $126,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18069, Orefield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,932 (100%) |
| Owner Occupied HU | 2,432 (82.9%) |
| Renter Occupied HU | 403 (13.7%) |
| Vacant Housing Units | 97 ( 3.3%) |
| Median Home Value | $525,818 |
| Average Home Value | $535,701 |
Housing Distribution
Address Breakdown
Residential
2,988
Single Family
2,988
Multi-Family
0
Businesses
198
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Listed by: Mildred J. DeLosRios • Allentown City Realty
Mls Name: GLVR
Mls Provider:
Mls ID: #760641
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.