746 3rd StCatasauquaPA18032
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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 Catasauqua at 746 3rd St, Catasauqua, PA, 18032 uses $61,294 cash to close to unlock $9,389/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $1,999/mo, and a $905/mo payment keeps the spread at $782/mo. Purchase price stands at $184,900, and rental yield measures 12.97% with $1,999/mo rent. Return on cash invested shows 35.23% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 185.53% and total cumulative return in cash records $113,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,999/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1890
2,831 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18032, Catasauqua, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,191 (100%) |
| Owner Occupied HU | 2,772 (66.1%) |
| Renter Occupied HU | 1,258 (30.0%) |
| Vacant Housing Units | 161 ( 3.8%) |
| Median Home Value | $270,954 |
| Average Home Value | $321,400 |
Housing Distribution
Address Breakdown
Residential
4,114
Single Family
3,747
Multi-Family
367
Businesses
189
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Listed by: Andrew F. Pingyar III • Cassidon Property Management
Mls Name: GLVR
Mls Provider:
Mls ID: #761147
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.