329 Race StCatasauquaPA18032
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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 Catasauqua at 329 Race St, Catasauqua, PA, 18032 priced at $229,900 pairs $2,176/mo rent with $670/mo cash flow after a $1,125/mo payment. Total monthly income equals $2,176/mo, and annual cash flow comes to $8,037/yr on $76,212 invested. Return on cash invested is 30.45% in year one, and rental yield stands at 11.36% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 159.88% and total cumulative return in cash reaches $121,847. For financing, Ziffy Mortgage’s DSCR program evaluates $2,176/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1884
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18032, Catasauqua, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,191 (100%) |
| Owner Occupied HU | 2,772 (66.1%) |
| Renter Occupied HU | 1,258 (30.0%) |
| Vacant Housing Units | 161 ( 3.8%) |
| Median Home Value | $270,954 |
| Average Home Value | $321,400 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,747
Multi-Family
367
Businesses
189
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Listed by: Michael Vassallo • Weichert Realtors - Allentown
Mls Name: GLVR
Mls ID: #760320