623 Packer StEastonPA18042
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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
Investment property for sale in Easton at 623 Packer St, Easton, PA, 18042 earns $715/mo cash flow from $2,117/mo rent with a $1,003/mo payment. Total monthly income totals $2,117/mo, and annual cash flow totals $8,579/yr on $67,958 capital. ROI tracks 32.53% on current figures, and rental yield reads 12.39% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 171.38% and total cumulative return in cash sums $116,466. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,117/mo property income instead of your personal income.
Single Family
Built in 1900
3,615 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18042, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 8,630 (48.4%) |
| Renter Occupied HU | 7,870 (44.2%) |
| Vacant Housing Units | 1,316 ( 7.4%) |
| Median Home Value | $265,459 |
| Average Home Value | $331,828 |
Housing Distribution
Address Breakdown
Residential
16,997
Single Family
15,090
Multi-Family
1,907
Businesses
1,187
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Listed by: Alick J. Cutrona • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #767633
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.