58 W High StNazarethPA18064
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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 Nazareth at 58 W High St, Nazareth, PA, 18064 priced at $325,000 converts $2,356/mo rent into $226/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,356/mo, and annual cash flow totals $2,712/yr on $107,738 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.7% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 116.86% and total cumulative return in cash sums $125,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,356/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18064, Nazareth, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,562 (100%) |
| Owner Occupied HU | 8,013 (75.9%) |
| Renter Occupied HU | 2,178 (20.6%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $422,691 |
| Average Home Value | $482,693 |
Housing Distribution
Address Breakdown
Residential
10,466
Single Family
9,925
Multi-Family
541
Businesses
575
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Listed by: Joseph E. Paranee • Paranee Properties
Mls Name: GLVR
Mls Provider:
Mls ID: #749840
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.