Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 2640 Willow Park Rd, Bethlehem, PA, 18020 uses $101,108 cash to close to unlock $25,464/yr annual cash flow and $2,122/mo monthly cash flow. Total monthly income runs $4,136/mo, and a $1,493/mo payment keeps the spread at $2,122/mo. Purchase price stands at $305,000, and rental yield measures 16.27% with $4,136/mo rent. Return on cash invested shows 45.09% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 238.44% and total cumulative return in cash records $241,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,136/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.91 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18020, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,218 (100%) |
| Owner Occupied HU | 6,773 (82.4%) |
| Renter Occupied HU | 1,257 (15.3%) |
| Vacant Housing Units | 188 ( 2.3%) |
| Median Home Value | $376,861 |
| Average Home Value | $434,968 |
Housing Distribution
Address Breakdown
Residential
8,251
Single Family
7,976
Multi-Family
275
Businesses
623
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-16 | Price change | $305,000 |
| 2024-09-11 | Price change | $315,000 |
| 2024-08-20 | Price change | $325,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-12 | $4727.18 | -0.32% | $61,600 | N/A |
| 2023-11-12 | $4742.58 | N/A | $61,600 | N/A |
| 2022-11-12 | $4742.58 | 552.46% | $61,600 | N/A |
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: SingleFamily
- Year Built: 1900
- Architectural Style: Colonial
- Building Area: 2,160
- Living Area: 2,160 sqft
- Property Condition: N/A
Features & Amenities
- Heating: None
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Detached
Location
- City: Bethlehem
- Subdivision: Not in Development
- Lot Size: 0.91 Acres
- Lot Features: Not In Development
- View: City Lights
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: Jennifer D. Strohl • Homeway Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #742940
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.