379 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 379 Meyer Rd, Nazareth, PA, 18064 priced at $1,195,000 pairs $2,880/mo rent with after a $5,849/mo payment. Total monthly income equals $2,880/mo. Return on cash invested is 5.03% in year one, and rental yield stands at 2.89% on a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and 5% annual appreciation accumulates to $330,156 by year five. Five-year ROI measures 23.43% and total cumulative return in cash reaches $90,710. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $5,849/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
2.50 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: Deb Lush • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #759467