2437 Cherryville RdNorthamptonPA18067
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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 Northampton at 2437 Cherryville Rd, Northampton, PA, 18067 offers a 9.3% rental yield on a $242,400 purchase with $1,879/mo rent. Total monthly income registers $1,879/mo, and a $1,186/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,492/yr on $80,356 to close, and return on cash invested stands at 24.25% in year one. Equity gained on principal adds $1,564/yr while 5% annual appreciation supports $66,971 over five years. Portfolio math shows five-year ROI at 126.68% and total cumulative return in cash at $101,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,879/mo property income against a $1,186/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
3,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18067, Northampton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 6,561 (76.5%) |
| Renter Occupied HU | 1,698 (19.8%) |
| Vacant Housing Units | 312 ( 3.6%) |
| Median Home Value | $328,946 |
| Average Home Value | $373,828 |
Housing Distribution
Address Breakdown
Residential
8,574
Single Family
8,138
Multi-Family
436
Businesses
366
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Listed by: Nick Smith • Coldwell Banker Hearthside
Mls Name: GLVR
Mls Provider:
Mls ID: #759349
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.