415 S 2nd StBangorPA18013
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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 Bangor at 415 S 2nd St, Bangor, PA, 18013 uses $74,554 cash to close to unlock $2,916/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,717/mo, and a $1,101/mo payment keeps the spread at $243/mo. Purchase price stands at $224,900, and rental yield measures 9.16% with $1,717/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 124.36% and total cumulative return in cash records $92,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,717/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2,570 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18013, Bangor, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,651 (100%) |
| Owner Occupied HU | 5,365 (70.1%) |
| Renter Occupied HU | 1,793 (23.4%) |
| Vacant Housing Units | 493 ( 6.4%) |
| Median Home Value | $336,344 |
| Average Home Value | $406,523 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
7,174
Multi-Family
314
Businesses
370
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Listed by: Rick Matos • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls ID: #769551