Investing in Northampton County
Northampton County covers 2 rental markets we actively finance in Pennsylvania — Bethlehem, Easton. Across those markets the median investment basis averages $275,000, a long-term lease averages $1,763/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $1,990. That produces a county-wide average DSCR ratio near 0.88x.
Basis varies more inside Northampton County than the average suggests. Easton is the lowest entry point at roughly $265,000, while Bethlehem currently models the strongest coverage ratio in the county at 0.98x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.