619 Phillips StHellertownPA18055
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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 Hellertown at 619 Phillips St, Hellertown, PA, 18055 priced at $169,000 converts $2,497/mo rent into $1,347/mo cash flow after a $827/mo obligation. Total monthly income equals $2,497/mo, and annual cash flow totals $16,160/yr on $56,024 invested. Return on cash invested prints 48.75% in year one, and rental yield reads 17.73% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 258.33% and total cumulative return in cash sums $144,727. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,497/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1924
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18055, Hellertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,300 (100%) |
| Owner Occupied HU | 3,972 (74.9%) |
| Renter Occupied HU | 1,028 (19.4%) |
| Vacant Housing Units | 300 ( 5.7%) |
| Median Home Value | $402,288 |
| Average Home Value | $504,922 |
Housing Distribution
Address Breakdown
Residential
5,260
Single Family
5,109
Multi-Family
151
Businesses
352
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Listed by: Jill Koch • BHHS - Choice Properties
Mls Name: GLVR
Mls Provider:
Mls ID: #748451
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.