3014 Ridon CtBethlehemPA18020
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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 3014 Ridon Ct, Bethlehem, PA, 18020 priced at $389,900 pairs $2,619/mo rent with $64/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,619/mo, and annual cash flow comes to $773/yr on $129,252 invested. Return on cash invested is 20.51% in year one, and rental yield stands at 8.06% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 106.55% and total cumulative return in cash reaches $137,713. For financing, Ziffy Mortgage’s DSCR program evaluates $2,619/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18020, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,218 (100%) |
| Owner Occupied HU | 6,773 (82.4%) |
| Renter Occupied HU | 1,257 (15.3%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $376,861 |
| Average Home Value | $434,968 |
Housing Distribution
Address Breakdown
Residential
8,251
Single Family
7,976
Multi-Family
275
Businesses
623
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Listed by: Eric A. Rothenberger • Better Homes&Gardens RE Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #755643
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.