242 Main StFreemansburgPA18017
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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 Freemansburg at 242 Main St, Freemansburg, PA, 18017 at $213,700 posts ROI 31.07% with $659/mo cash flow from $2,059/mo rent. Total monthly income equals $2,059/mo, and annual cash flow records $7,903/yr on $70,842 to close. Return on cash invested measures 31.07% and rental yield reads 11.56% at the current $213,700. Equity gained on principal adds $1,379/yr, and 5% annual appreciation supports $59,041 by year five. Five-year ROI prints 163.18% and total cumulative return in cash totals $115,597.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,059/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
3,005 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: Sheila Ehret • First Choice Realty
Mls Name: GLVR
Mls ID: #767460