477 Newlins Rd EEastonPA18040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Easton at 477 Newlins Rd E, Easton, PA, 18040 offers $2,927/mo rent that, after a $3,867/mo payment. Total monthly income is $2,927/mo. Return on cash invested measures 9.67% in year one, and rental yield stands at 4.45% at a $790,000 entry. Equity gained on principal adds $5,098/yr while 5% annual appreciation compounds into $218,262 by year five. Five-year ROI records 48.38% and total cumulative return in cash reaches $125,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,927/mo property income versus a $3,867/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18040, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,009 (100%) |
| Owner Occupied HU | 6,140 (87.6%) |
| Renter Occupied HU | 647 ( 9.2%) |
| Vacant Housing Units | 222 ( 3.2%) |
| Median Home Value | $383,852 |
| Average Home Value | $414,737 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,939
Multi-Family
48
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Gregory • BetterHomes&GardensRE/Cassidon
Mls Name: GLVR
Mls ID: #767263