515 Richmond RdBangorPA18013
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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 515 Richmond Rd, Bangor, PA, 18013 with 5% annual appreciation on a $319,900 basis while $2,563/mo rent supports operations. Total monthly income totals $2,563/mo and a $1,566/mo payment preserves $467/mo for cash returns. Annual cash flow comes to $5,598/yr on $106,047 deployed, and return on cash invested reaches 25.19% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.61%. Five-year ROI measures 131.65% and total cumulative return in cash totals $139,616.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,563/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.26 Acres 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: AJ DePue • Win-Win Realty, Inc.
Mls Name: GLVR
Mls Provider:
Mls ID: #754507
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.