242 Schoeneck AveNazarethPA18064
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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 Nazareth at 242 Schoeneck Ave, Nazareth, PA, 18064 with 5% annual appreciation on a $598,700 basis while $3,509/mo rent supports operations. 54% in year one. Equity gained on principal adds $3,863/yr, and five-year appreciation sums $165,410 alongside rental yield of 7.03%. Five-year ROI measures 90.6% and total cumulative return in cash totals $178,452. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,509/mo property income versus a $2,930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18064, Nazareth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,562 (100%) |
| Owner Occupied HU | 8,013 (75.9%) |
| Renter Occupied HU | 2,178 (20.6%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $422,691 |
| Average Home Value | $482,693 |
Housing Distribution
Address Breakdown
Residential
10,466
Single Family
9,925
Multi-Family
541
Businesses
575
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Listed by: Timothy E. Bonner • Christian Saunders Real Estate
Mls Name: GLVR
Mls ID: #760819