255 Catalpa DrKunkletownPA18058
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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 Kunkletown at 255 Catalpa Dr, Kunkletown, PA, 18058 priced at $490,000 converts $2,040/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 11.26% in year one, and rental yield reads 5% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 56.95% and total cumulative return in cash sums $92,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18058, Kunkletown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,487 (100%) |
| Owner Occupied HU | 3,436 (76.6%) |
| Renter Occupied HU | 501 (11.2%) |
| Vacant Housing Units | 550 (12.3%) |
| Median Home Value | $306,747 |
| Average Home Value | $349,870 |
Housing Distribution
Address Breakdown
Residential
3,959
Single Family
3,959
Multi-Family
0
Businesses
44
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Listed by: Jennifer L. Schimmel • Keller Williams Northampton
Mls Name: GLVR
Mls ID: #765699