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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
Rental property for sale in Bethlehem at 3580 Chesterfield Ln, Bethlehem, PA, 18017 generates $6,222/mo in rent and, after a $1,831/mo payment, leaves $3,771/mo in cash flow. Total monthly income is $6,222/mo, and annual cash flow is $45,249/yr on $123,981 invested. Return on cash invested sits at 56.41% in year one, and rental yield is 19.96% on a $374,000 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 299.03% and total cumulative return in cash sums $370,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,222/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18017, Bethlehem, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,788 (100%) |
| Owner Occupied HU | 11,293 (67.3%) |
| Renter Occupied HU | 4,922 (29.3%) |
| Vacant Housing Units | 573 ( 3.4%) |
| Median Home Value | $347,026 |
| Average Home Value | $377,555 |
Housing Distribution
Address Breakdown
Residential
16,357
Single Family
15,056
Multi-Family
1,301
Businesses
1,120
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Price change | $374,000 |
| 2024-07-18 | Listed for sale | $394,000 |
| 1994-06-01 | Sold | $127,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-13 | $4767.66 | -0.34% | $65,400 | N/A |
| 2023-09-13 | $4784.01 | N/A | $65,400 | N/A |
| 2022-09-13 | $4784.01 | 519.92% | $65,400 | 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: 1960
- Architectural Style: Ranch
- Building Area: 2,805
- Living Area: 2,805 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Electric, Hot Water, Oil
- Cooling: Central Air
- Flooring: Hardwood, Other
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: Bethlehem
- Subdivision: Hanover Farms
- Lot Size: 0.29 Acres
- Lot Features: Level, 10001-20000 sq. ft
- 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: Ernest M. Nemeth • Zurn Realty
Mls Name: GLVR
Mls Provider:
Mls ID: #741753
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.