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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 Bethlehem at 1165 Meadow Lark Way, Bethlehem, PA, 18015 uses $103,594 cash to close to unlock $4,989/yr annual cash flow and $416/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,530/mo payment keeps the spread at $416/mo. Purchase price stands at $312,500, and rental yield measures 10.23% with $2,664/mo rent. Return on cash invested shows 24.73% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 129.99% and total cumulative return in cash records $134,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Apartment
Built in 2009
N/A lot
$N/A/sqft
$200 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18015, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,043 (100%) |
| Owner Occupied HU | 6,114 (46.9%) |
| Renter Occupied HU | 5,912 (45.3%) |
| Vacant Housing Units | 1,017 ( 7.8%) |
| Median Home Value | $341,772 |
| Average Home Value | $434,739 |
Housing Distribution
Address Breakdown
Residential
12,231
Single Family
10,745
Multi-Family
1,486
Businesses
801
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-05 | Listed for sale | $312,500 |
| 2019-02-21 | Sold | $178,000 |
| 2019-01-03 | Listing removed | $1,600 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Apartment
- Year Built: 2009
- Architectural Style: Contemporary
- Building Area: 1,574
- Living Area: 1,574 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Flooring: Hardwood, Carpet
- Interior Features: Contemporary, Den/Office, Walk-In Closet(s)
- Exterior Features: Sidewalk
- Parking Features: N/A
Location
- City: Bethlehem
- Subdivision: Mountain Park
- Lot Size: N/A
- Lot Features: Common Ground, Views, Common
- View: Panoramic
HOA & Fees
- HOA Fee: $200 monthly
- Association Fee: $200 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lynda S. Ivarsson • BHHS Fox & Roach Macungie
Mls Name: GLVR
Mls Provider:
Mls ID: #747182
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.