40 Washington AveNorthamptonPA18067
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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 Northampton at 40 Washington Ave, Northampton, PA, 18067 priced at $322,500 converts $2,639/mo rent into $526/mo cash flow after a $1,578/mo obligation. Total monthly income equals $2,639/mo, and annual cash flow totals $6,314/yr on $106,909 invested. Return on cash invested prints 25.82% in year one, and rental yield reads 9.82% against a $322,500 entry. Equity gained on principal adds $2,081/yr, while 5% annual appreciation compiles into $89,101 by year five. Five-year ROI reaches 135.02% and total cumulative return in cash sums $144,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,639/mo property income covering a $1,578/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18067, Northampton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,571 (100%) |
| Owner Occupied HU | 6,561 (76.5%) |
| Renter Occupied HU | 1,698 (19.8%) |
| Vacant Housing Units | 312 ( 3.6%) |
| Median Home Value | $328,946 |
| Average Home Value | $373,828 |
Housing Distribution
Address Breakdown
Residential
8,574
Single Family
8,138
Multi-Family
436
Businesses
366
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Listed by: Tim Tepes • BetterHomes&GardensRE/Cassidon
Mls Name: GLVR
Mls Provider:
Mls ID: #759061
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.