3244 Michaels School Rd #2NazarethPA18064
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Nearby investment properties with comparable prices
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 Nazareth at 3244 Michaels School Rd #2, Nazareth, PA, 18064 offers a 6.59% rental yield on a $1,058,100 purchase with $5,807/mo rent. 43% in year one. Equity gained on principal adds $6,828/yr while 5% annual appreciation supports $292,334 over five years. Portfolio math shows five-year ROI at 84.56% and total cumulative return in cash at $289,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,807/mo property income against a $5,179/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A