322 Chestnut StSlatingtonPA18080
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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
Investment property for sale in Slatington at 322 Chestnut St, Slatington, PA, 18080 with 5% annual appreciation on a $225,000 basis while $3,497/mo rent supports operations. Total monthly income totals $3,497/mo and a $1,101/mo payment preserves $2,018/mo for cash returns. Annual cash flow comes to $24,218/yr on $74,588 deployed, and return on cash invested reaches 52.38% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 18.65%. Five-year ROI measures 277.51% and total cumulative return in cash totals $206,985.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,497/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1993
3,005 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18080, Slatington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,699 (73.5%) |
| Renter Occupied HU | 1,060 (21.1%) |
| Vacant Housing Units | 276 ( 5.5%) |
| Median Home Value | $318,796 |
| Average Home Value | $377,616 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,723
Multi-Family
192
Businesses
161
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-22 | Listed for sale | $225,000 |
| 2017-04-11 | Sold | $121,111 |
| 2016-12-14 | Listed for sale | $119,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $3408.24 | N/A | $100,100 | N/A |
| 2022-09-13 | $3408.24 | 4.69% | $100,100 | N/A |
| 2021-09-13 | $3255.69 | 2.95% | $100,100 | N/A |
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Facts & Features
General Information
- Type: Townhouse
- Year Built: 1993
- Architectural Style: Other
- Building Area: 1,632
- Living Area: 1,632 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: N/A
- Flooring: Tile, Vinyl
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: Slatington
- State: PA
- Subdivision: Not in Development
- Lot Size: 3,005 sqft
- Lot Features: N/A
- View: Mountain(s)
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Michel L. Grimes • Keller Williams Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #741138
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.