627 Columbia AvePalmertonPA18071
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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 Palmerton at 627 Columbia Ave, Palmerton, PA, 18071 priced at $343,000 pairs $2,410/mo rent with $162/mo cash flow after a $1,679/mo payment. Total monthly income equals $2,410/mo, and annual cash flow comes to $1,946/yr on $113,705 invested. Return on cash invested is 21.62% in year one, and rental yield stands at 8.43% on a $343,000 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,765 by year five. Five-year ROI measures 112.53% and total cumulative return in cash reaches $127,956. For financing, Ziffy Mortgage’s DSCR program evaluates $2,410/mo property income against a $1,679/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18071, Palmerton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,175 (100%) |
| Owner Occupied HU | 3,542 (68.4%) |
| Renter Occupied HU | 1,268 (24.5%) |
| Vacant Housing Units | 365 ( 7.1%) |
| Median Home Value | $237,795 |
| Average Home Value | $275,246 |
Housing Distribution
Address Breakdown
Residential
4,585
Single Family
4,361
Multi-Family
224
Businesses
275
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Listed by: Garett L. Michaels • Heart and Home Realty LLC
Mls Name: GLVR
Mls Provider:
Mls ID: #759587
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.