321 W Raspberry StBethlehemPA18018
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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 321 W Raspberry St, Bethlehem, PA, 18018 priced at $184,900 converts $3,238/mo rent into $2,026/mo cash flow after a $905/mo obligation. Total monthly income equals $3,238/mo, and annual cash flow totals $24,317/yr on $61,294 invested. Return on cash invested prints 59.58% in year one, and rental yield reads 21.01% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 316.11% and total cumulative return in cash sums $193,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,238/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1880
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,541 (100%) |
| Owner Occupied HU | 7,833 (50.4%) |
| Renter Occupied HU | 6,780 (43.6%) |
| Vacant Housing Units | 928 ( 6.0%) |
| Median Home Value | $290,745 |
| Average Home Value | $351,910 |
Housing Distribution
Address Breakdown
Residential
14,710
Single Family
11,730
Multi-Family
2,980
Businesses
1,144
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Listed by: John C. Walton • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #743462
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.