353 Wedgewood DrEastonPA18045
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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 Easton at 353 Wedgewood Dr, Easton, PA, 18045 earns $670/mo cash flow from $3,848/mo rent with a $2,374/mo payment. Total monthly income totals $3,848/mo, and annual cash flow totals $8,037/yr on $160,778 capital. ROI tracks 24.91% on current figures, and rental yield reads 9.52% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash sums $209,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,848/mo property income instead of your personal income.
Single Family
Built in 1969
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18045, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,452 (100%) |
| Owner Occupied HU | 10,578 (78.6%) |
| Renter Occupied HU | 2,460 (18.3%) |
| Vacant Housing Units | 414 ( 3.1%) |
| Median Home Value | $370,344 |
| Average Home Value | $419,077 |
Housing Distribution
Address Breakdown
Residential
12,945
Single Family
12,747
Multi-Family
198
Businesses
770
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Listed by: Elaine Corbin • 24-7 Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #PANH2008094