689 Washington BlvdBangorPA18013
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 689 Washington Blvd, Bangor, PA, 18013 in Bangor deserves attention. This $234,900 property earns $2,404/mo in rent, a 12.28% gross yield, and nets $864/mo after the $1,056/mo payment. DSCR 2.28 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $64,899 compounds alongside $2,163/yr in yearly equity build, for a total cumulative return of $145,127.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 6.2% |
| Monthly Cash Flow | $864 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,404 |
| Total Monthly Debt Service | $1,446 |
| DSCR Ratio | 1.66x |
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
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18013, Bangor, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,651 (100%) |
| Owner Occupied HU | 5,365 (70.1%) |
| Renter Occupied HU | 1,793 (23.4%) |
| Vacant Housing Units | 493 ( 6.4%) |
| Median Home Value | $336,344 |
| Average Home Value | $406,523 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
7,174
Multi-Family
314
Businesses
370
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
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18013, Bangor, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,651 (100%) |
| Owner Occupied HU | 5,365 (70.1%) |
| Renter Occupied HU | 1,793 (23.4%) |
| Vacant Housing Units | 493 ( 6.4%) |
| Median Home Value | $336,344 |
| Average Home Value | $406,523 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
7,174
Multi-Family
314
Businesses
370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices