408 Chestnut StNew BethlehemPA16242








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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 New Bethlehem at 408 Chestnut St, New Bethlehem, PA, 16242 uses $46,079 cash to close to unlock $2,958/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,157/mo, and a $680/mo payment keeps the spread at $246/mo. Purchase price stands at $139,000, and rental yield measures 9.99% with $1,157/mo rent. Return on cash invested shows 26.33% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 137.78% and total cumulative return in cash records $63,488. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,157/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16242, New Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,321 (100%) |
| Owner Occupied HU | 1,494 (64.4%) |
| Renter Occupied HU | 534 (23.0%) |
| Vacant Housing Units | 293 (12.6%) |
| Median Home Value | $166,204 |
| Average Home Value | $230,940 |
Housing Distribution
Address Breakdown
Residential
1,992
Single Family
1,908
Multi-Family
84
Businesses
178
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Listed by: Holly L. Gardner • Pat Merwin Realty
Mls Name: Allegheny Valley BOR
Mls ID: #161563
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








