515 Turner StBethlehemPA18018
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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 Bethlehem at 515 Turner St, Bethlehem, PA, 18018 offers $3,343/mo rent that, after a $1,884/mo payment, leaves $821/mo cash flow. Total monthly income is $3,343/mo, and annual cash flow is $9,846/yr on $127,628 cash. Return on cash invested measures 27.62% in year one, and rental yield stands at 10.42% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 144.69% and total cumulative return in cash reaches $184,666. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,343/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,541 (100%) |
| Owner Occupied HU | 7,833 (50.4%) |
| Renter Occupied HU | 6,780 (43.6%) |
| Vacant Housing Units | 928 ( 6.0%) |
| Median Home Value | $290,745 |
| Average Home Value | $351,910 |
Housing Distribution
Address Breakdown
Residential
14,710
Single Family
11,730
Multi-Family
2,980
Businesses
1,144
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Listed by: Katie Ramos • Century 21 Ramos Realty
Mls Name: GLVR
Mls ID: #767205