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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 21-23 W Goepp St, Bethlehem, PA, 18018 uses $116,025 cash to close to unlock $7,039/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,713/mo payment keeps the spread at $587/mo. Purchase price stands at $350,000, and rental yield measures 9.87% with $2,880/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 135.86% and total cumulative return in cash records $157,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
1,873 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18018, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,541 (100%) |
| Owner Occupied HU | 7,833 (50.4%) |
| Renter Occupied HU | 6,780 (43.6%) |
| Vacant Housing Units | 928 ( 6.0%) |
| Median Home Value | $290,745 |
| Average Home Value | $351,910 |
Housing Distribution
Address Breakdown
Residential
14,710
Single Family
11,730
Multi-Family
2,980
Businesses
1,144
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Price change | $350,000 |
| 2024-12-20 | Listed for sale | $450,000 |
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: MultiFamily
- Year Built: 1920
- Architectural Style: N/A
- Building Area: 1,687
- Living Area: 1,687 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Radiator
- Cooling: No Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: N/A
Location
- City: Bethlehem
- Subdivision: Not in Development
- Lot Size: 1,873 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- 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: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Anna Ames • Weichert Realtors
Mls Name: GLVR
Mls Provider:
Mls ID: #749409
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.