508 Circle DrCatasauquaPA18032
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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 Catasauqua at 508 Circle Dr, Catasauqua, PA, 18032 priced at $345,000 pairs $2,349/mo rent with $88/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,349/mo, and annual cash flow comes to $1,054/yr on $114,368 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 8.17% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 108.25% and total cumulative return in cash reaches $123,808. For financing, Ziffy Mortgage’s DSCR program evaluates $2,349/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18032, Catasauqua, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,191 (100%) |
| Owner Occupied HU | 2,772 (66.1%) |
| Renter Occupied HU | 1,258 (30.0%) |
| Vacant Housing Units | 161 ( 3.8%) |
| Median Home Value | $270,954 |
| Average Home Value | $321,400 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,747
Multi-Family
367
Businesses
189
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Listed by: Barbara Zydyk • RE/MAX Unlimited Real Estate
Mls Name: GLVR
Mls ID: #769099