97 W Washington StNew BethlehemPA16242
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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
Rental property for sale in New Bethlehem at 97 W Washington St, New Bethlehem, PA, 16242 offers $1,261/mo rent that, after a $719/mo payment, leaves $298/mo cash flow. Total monthly income is $1,261/mo, and annual cash flow is $3,579/yr on $48,731 cash. Return on cash invested measures 27.25% in year one, and rental yield stands at 10.29% at a $147,000 entry. Equity gained on principal adds $949/yr while 5% annual appreciation compounds into $40,613 by year five. Five-year ROI records 142.78% and total cumulative return in cash reaches $69,576. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,261/mo property income versus a $719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16242, New Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,321 (100%) |
| Owner Occupied HU | 1,494 (64.4%) |
| Renter Occupied HU | 534 (23.0%) |
| Vacant Housing Units | 293 (12.6%) |
| Median Home Value | $166,204 |
| Average Home Value | $230,940 |
Housing Distribution
Address Breakdown
Residential
1,992
Single Family
1,908
Multi-Family
84
Businesses
178
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Listed by: Missy Rupp • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1699439
Disclaimer: Listing 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.