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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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% |
Rental property for sale in Allentown at 10 Powderhorn Way, Allentown, NJ, 08501 offers $3,420/mo rent that, after a $3,084/mo payment. Total monthly income is $3,420/mo. Return on cash invested measures 13.86% in year one, and rental yield stands at 6.51% at a $630,000 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,057 by year five. Five-year ROI records 71.61% and total cumulative return in cash reaches $148,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,420/mo property income versus a $3,084/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,874 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08501, Allentown, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,176 (85.3%) |
| Renter Occupied HU | 250 ( 9.8%) |
| Vacant Housing Units | 124 ( 4.9%) |
| Median Home Value | $687,500 |
| Average Home Value | $810,505 |
Residential
2,417
Single Family
2,417
Multi-Family
0
Businesses
210
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rosemary Pezzano • ERA Central Realty Group - Cream Ridge
Mls Name: Bright MLS
Mls ID: #NJMM2004182
