2585 Redington RdHellertownPA18055
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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 Hellertown at 2585 Redington Rd, Hellertown, PA, 18055 offers a 9.4% rental yield on a $199,900 purchase with $1,566/mo rent. Total monthly income registers $1,566/mo, and a $978/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,078/yr on $66,267 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 128.26% and total cumulative return in cash at $84,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,566/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1873
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18055, Hellertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,300 (100%) |
| Owner Occupied HU | 3,972 (74.9%) |
| Renter Occupied HU | 1,028 (19.4%) |
| Vacant Housing Units | 300 ( 5.7%) |
| Median Home Value | $402,288 |
| Average Home Value | $504,922 |
Housing Distribution
Address Breakdown
Residential
5,260
Single Family
5,109
Multi-Family
151
Businesses
352
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Listed by: Thomas C. Smeland • EXP Realty LLC
Mls Name: GLVR
Mls ID: #768885