900 Ridge StEastonPA18042
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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 900 Ridge St, Easton, PA, 18042 offers a 8.34% rental yield on a $234,990 purchase with $1,634/mo rent. Total monthly income registers $1,634/mo, and a $1,150/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,132/yr on $77,899 to close, and return on cash invested stands at 21.36% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,923 over five years. Portfolio math shows five-year ROI at 111.15% and total cumulative return in cash at $86,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,634/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18042, Easton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,816 (100%) |
| Owner Occupied HU | 8,630 (48.4%) |
| Renter Occupied HU | 7,870 (44.2%) |
| Vacant Housing Units | 1,316 ( 7.4%) |
| Median Home Value | $265,459 |
| Average Home Value | $331,828 |
Housing Distribution
Address Breakdown
Residential
16,997
Single Family
15,090
Multi-Family
1,907
Businesses
1,187
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Listed by: Kelly L. Houston • Keller Williams Northampton
Mls Name: GLVR
Mls ID: #761646