606 Carlton AveBethlehemPA18015
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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 606 Carlton Ave, Bethlehem, PA, 18015 priced at $234,000 converts $1,647/mo rent into $114/mo cash flow after a $1,145/mo obligation. Total monthly income equals $1,647/mo, and annual cash flow totals $1,367/yr on $77,571 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.45% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 112.76% and total cumulative return in cash sums $87,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,647/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Townhouse
Built in 1926
784.08 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18015, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,114 (46.9%) |
| Renter Occupied HU | 5,912 (45.3%) |
| Vacant Housing Units | 1,017 ( 7.8%) |
| Median Home Value | $341,772 |
| Average Home Value | $434,739 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
10,745
Multi-Family
1,486
Businesses
801
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Listed by: Christopher J. Carr • HomeZu
Mls Name: GLVR
Mls Provider:
Mls ID: #760604
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.