2621 Penns Ridge BlvdEastonPA18040
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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 Easton at 2621 Penns Ridge Blvd, Easton, PA, 18040 offers a 10.29% rental yield on a $390,000 purchase with $3,344/mo rent. Total monthly income registers $3,344/mo, and a $1,909/mo payment leaves $788/mo available for distribution. Annual cash flow reaches $9,459/yr on $129,285 to close, and return on cash invested stands at 27.23% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 142.58% and total cumulative return in cash at $184,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,344/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2000
2,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18040, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,009 (100%) |
| Owner Occupied HU | 6,140 (87.6%) |
| Renter Occupied HU | 647 ( 9.2%) |
| Vacant Housing Units | 222 ( 3.2%) |
| Median Home Value | $383,852 |
| Average Home Value | $414,737 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,939
Multi-Family
48
Businesses
247
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Listed by: Tabitha L. Jones • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #760957
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.