38 E 2nd StAlburtisPA18011
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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 Alburtis at 38 E 2nd St, Alburtis, PA, 18011 generates $2,059/mo in rent and, after a $1,224/mo payment, leaves $420/mo in cash flow. Total monthly income is $2,059/mo, and annual cash flow is $5,045/yr on $82,875 invested. Return on cash invested sits at 26% in year one, and rental yield is 9.88% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136% and total cumulative return in cash sums $112,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,059/mo property income rather than buyer’s personal income.
Single Family
Built in 1896
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18011, Alburtis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,861 (81.9%) |
| Renter Occupied HU | 349 (15.4%) |
| Vacant Housing Units | 63 ( 2.8%) |
| Median Home Value | $364,313 |
| Average Home Value | $411,462 |
Housing Distribution
Address Breakdown
Residential
2,116
Single Family
2,106
Multi-Family
10
Businesses
72
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Listed by: Kelly L. Houston • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #770547
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.