








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Allentown at 1033 W Walnut St, Allentown, PA, 18102 with 5% annual appreciation on a $229,900 basis while $1,704/mo rent supports operations. Total monthly income totals $1,704/mo and a $1,125/mo payment preserves $105/mo for cash returns. Annual cash flow comes to $1,265/yr on $76,212 deployed, and return on cash invested reaches 21.57% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 8.89%. Five-year ROI measures 112.77% and total cumulative return in cash totals $85,943.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,704/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1890
1,698 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18102, Allentown, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,563 (100%) |
| Owner Occupied HU | 5,593 (28.6%) |
| Renter Occupied HU | 12,439 (63.6%) |
| Vacant Housing Units | 1,531 ( 7.8%) |
| Median Home Value | $164,165 |
| Average Home Value | $238,586 |
Residential
17,707
Single Family
13,781
Multi-Family
3,926
Businesses
1,010
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Listed for sale | $229,900 |
| 2024-11-13 | Sold | $88,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-08 | $4532.65 | N/A | $83,300 | N/A |
| 2023-01-08 | $4532.65 | N/A | $83,300 | N/A |
| 2022-01-08 | $4532.65 | 3.35% | $83,300 | N/A |



Listed by: Nick Spade • Spade Property Management Inc.
Mls Name: GLVR
Mls Provider:
Mls ID: #750519
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.