1124 S 38th StAllentownPA18104
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Ziffy AI Summary
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 Allentown at 1124 S 38th St, Allentown, PA, 18104 listed at $448,000 pairs $3,120/mo rent with a $2,193/mo payment to leave $184/mo cash flow. Total monthly income runs $3,120/mo, and annual cash flow reaches $2,209/yr on $148,512 cash to close. Return on cash invested measures 21.4% in year one, and rental yield registers 8.36% at a $448,000 basis. Equity gained on principal adds $2,891/yr, and annual property appreciation at 5% supports $123,774 by year five. Five-year ROI tracks 111.31% and total cumulative return in cash totals $165,314. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,120/mo property income relative to a $2,193/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
9,191 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18104, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,014 (65.9%) |
| Renter Occupied HU | 5,738 (29.1%) |
| Vacant Housing Units | 1,000 ( 5.1%) |
| Median Home Value | $383,839 |
| Average Home Value | $413,014 |
Housing Distribution
Address Breakdown
Residential
19,253
Single Family
16,764
Multi-Family
2,489
Businesses
1,144
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Listed by: Jason P. Freeby • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #755001
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.