286 Park Ridge DrEastonPA18040
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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 Easton at 286 Park Ridge Dr, Easton, PA, 18040 priced at $409,000 converts $3,472/mo rent into $792/mo cash flow after a $2,002/mo obligation. Total monthly income equals $3,472/mo, and annual cash flow totals $9,501/yr on $135,584 invested. Return on cash invested prints 26.92% in year one, and rental yield reads 10.19% against a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation compiles into $112,999 by year five. Five-year ROI reaches 140.89% and total cumulative return in cash sums $191,025. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,472/mo property income covering a $2,002/mo payment, not borrower’s personal income.
Townhouse
Built in 2001
3,746 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: Anne E. Goldstein • CENTURY 21 Pinnacle
Mls Name: GLVR
Mls ID: #764909