446 New StFreemansburgPA18017
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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 Freemansburg at 446 New St, Freemansburg, PA, 18017 priced at $259,900 converts $1,903/mo rent into $200/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,903/mo, and annual cash flow totals $2,400/yr on $86,157 invested. Return on cash invested prints 22.69% in year one, and rental yield reads 8.79% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 118.26% and total cumulative return in cash sums $101,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,903/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
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Listed by: Gina Pretopapa • RE/MAX Unlimited Real Estate
Mls Name: GLVR
Mls ID: #763442