647 San Simeon PlEastonPA18040
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
Investment Highlights
Investment property for sale in Easton at 647 San Simeon Pl, Easton, PA, 18040 at $249,900 posts ROI 35.55% with $1,080/mo cash flow from $2,734/mo rent. Total monthly income equals $2,734/mo, and annual cash flow records $12,957/yr on $82,842 to close. Return on cash invested measures 35.55% and rental yield reads 13.13% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 187.29% and total cumulative return in cash totals $155,150.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18040, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,009 (100%) |
| Owner Occupied HU | 6,140 (87.6%) |
| Renter Occupied HU | 647 ( 9.2%) |
| Vacant Housing Units | 222 ( 3.2%) |
| Median Home Value | $383,852 |
| Average Home Value | $414,737 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,939
Multi-Family
48
Businesses
247
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Nearby investment properties with comparable prices
Listed by: Kyle Kerecman • Iron Valley Real Estate of Lehigh Valley
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PANH2006992
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