69 Penny LnEastonPA18040
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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 69 Penny Ln, Easton, PA, 18040 earns $773/mo cash flow from $1,919/mo rent with a $856/mo payment. Total monthly income totals $1,919/mo, and annual cash flow totals $9,275/yr on $57,979 capital. ROI tracks 35.91% on current figures, and rental yield reads 13.17% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 189.11% and total cumulative return in cash sums $109,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,919/mo property income instead of your personal income.
Manufactured
Built in 1998
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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Listed by: Darryl J Shands • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls ID: #760778