2922 Sheffield 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 2922 Sheffield Dr, Easton, PA, 18040 offers $3,382/mo rent that, after a $3,108/mo payment. Total monthly income is $3,382/mo. Return on cash invested measures 14.9% in year one, and rental yield stands at 6.39% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 76.68% and total cumulative return in cash reaches $160,196. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,382/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
$400 annually 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: Jennifer L. Schimmel • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #758179
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.