2950 Santee DrBethlehemPA18017
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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 Bethlehem at 2950 Santee Dr, Bethlehem, PA, 18017 generates $3,216/mo in rent, after a $2,741/mo payment. Total monthly income is $3,216/mo. Return on cash invested sits at 17.11% in year one, and rental yield is 6.89% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 88.27% and total cumulative return in cash sums $162,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
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Listed by: JoAnn Hein • HowardHanna TheFrederickGroup
Mls Name: GLVR
Mls ID: #770218