301 Meyer RdNazarethPA18064
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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 Nazareth at 301 Meyer Rd, Nazareth, PA, 18064 offers $4,475/mo rent that, after a $3,818/mo payment. Total monthly income is $4,475/mo. Return on cash invested measures 17.08% in year one, and rental yield stands at 6.88% at a $780,000 entry. Equity gained on principal adds $5,033/yr while 5% annual appreciation compounds into $215,500 by year five. Five-year ROI records 88.15% and total cumulative return in cash reaches $226,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,475/mo property income versus a $3,818/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18064, Nazareth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,562 (100%) |
| Owner Occupied HU | 8,013 (75.9%) |
| Renter Occupied HU | 2,178 (20.6%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $422,691 |
| Average Home Value | $482,693 |
Housing Distribution
Address Breakdown
Residential
10,466
Single Family
9,925
Multi-Family
541
Businesses
575
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Listed by: Timothy F Heimbach • RE/MAX Unlimited Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #753483
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.