670 Franklin AvePalmertonPA18071
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
Rental property for sale in Palmerton at 670 Franklin Ave, Palmerton, PA, 18071 offers $1,726/mo rent that, after a $1,077/mo payment, leaves $284/mo cash flow. Total monthly income is $1,726/mo, and annual cash flow is $3,410/yr on $72,930 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 9.41% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 128.46% and total cumulative return in cash reaches $93,683. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,726/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
3,484 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: Pam Gothard • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #765848