368 Meyer RdNazarethPA18064
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 Nazareth at 368 Meyer Rd, Nazareth, PA, 18064 priced at $475,000 converts $3,413/mo rent into $300/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,413/mo, and annual cash flow totals $3,603/yr on $157,463 invested. Return on cash invested prints 22.2% in year one, and rental yield reads 8.62% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 115.6% and total cumulative return in cash sums $182,023. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,413/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2.45 Acres 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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Listed by: Jamie L. Achberger • EXP Realty LLC
Mls Name: GLVR
Mls ID: #763376