3296 Reeve Dr EBethlehemPA18020
Nearby investment properties with comparable rents
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
Rental property for sale in Bethlehem at 3296 Reeve Dr E, Bethlehem, PA, 18020 priced at $274,900 pairs $2,572/mo rent with $771/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,572/mo, and annual cash flow comes to $9,254/yr on $91,129 invested. Return on cash invested is 30.06% in year one, and rental yield stands at 11.23% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 157.81% and total cumulative return in cash reaches $143,811. For financing, Ziffy Mortgage’s DSCR program evaluates $2,572/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1982
5,662 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Dowd Audett • At Your Service Realty
Mls Name: PMAR
Mls ID: #PM-130397