242 Lehigh AvePalmertonPA18071
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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 Palmerton at 242 Lehigh Ave, Palmerton, PA, 18071 priced at $159,000 converts $1,635/mo rent into $591/mo cash flow after a $778/mo obligation. Total monthly income equals $1,635/mo, and annual cash flow totals $7,086/yr on $52,709 invested. Return on cash invested prints 33.35% in year one, and rental yield reads 12.34% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 175.46% and total cumulative return in cash sums $92,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,635/mo property income covering a $778/mo payment, not borrower’s personal income.
Multi Family
Built in 1906
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18071, Palmerton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 3,542 (68.4%) |
| Renter Occupied HU | 1,268 (24.5%) |
| Vacant Housing Units | 365 ( 7.1%) |
| Median Home Value | $237,795 |
| Average Home Value | $275,246 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,361
Multi-Family
224
Businesses
275
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Listed by: Stacey Nix • CENTURY 21 Select Group - Hamlin
Mls Name: PWAR
Mls Provider:
Mls ID: #PW250941
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