2892 Hope Ridge DrEastonPA18045
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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 2892 Hope Ridge Dr, Easton, PA, 18045 with 5% annual appreciation on a $422,000 basis while $3,158/mo rent supports operations. Total monthly income totals $3,158/mo and a $2,065/mo payment preserves $168/mo for cash returns. Annual cash flow comes to $2,018/yr on $139,893 deployed, and return on cash invested reaches 21.35% in year one. Equity gained on principal adds $2,723/yr, and five-year appreciation sums $116,591 alongside rental yield of 8.98%. Five-year ROI measures 111.78% and total cumulative return in cash totals $156,371.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,158/mo property income versus a $2,065/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1998
4,181 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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Listed by: Amy Callum • Coldwell Banker Hearthside
Mls Name: GLVR
Mls Provider:
Mls ID: #747717
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.