62 E Ettwein StBethlehemPA18018
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 62 E Ettwein St, Bethlehem, PA, 18018 in Bethlehem speaks for itself: 10.32% gross on a $283,900 price, generating $2,442/mo in rent and $582/mo in net income after the $1,277/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,980 stacks alongside $78,436 in projected five-year appreciation and $2,615/yr in principal reduction. Projected total cumulative return: $145,533.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $582 | $1,250 |
City averages based on Bethlehem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,442 |
| Total Monthly Debt Service | $1,747 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
1,785 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
1,785 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael D. Cone • Light House Realty LV LLC
Mls Name: GLVR
Mls Provider:
Mls ID: #754799
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.