1158 Driver PlAllentownPA18106
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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
Rental property for sale in Allentown at 1158 Driver Pl, Allentown, PA, 18106 generates $2,315/mo in rent and, after a $1,346/mo payment, leaves $513/mo in cash flow. Total monthly income is $2,315/mo, and annual cash flow is $6,156/yr on $91,163 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 10.1% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash sums $127,199. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,315/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
2,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18106, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,976 (100%) |
| Owner Occupied HU | 2,410 (81.0%) |
| Renter Occupied HU | 404 (13.6%) |
| Vacant Housing Units | 162 ( 5.4%) |
| Median Home Value | $431,461 |
| Average Home Value | $440,806 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,561
Multi-Family
262
Businesses
803
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Listed by: Earl B Stafford • Coldwell Banker Heritage R E
Mls Name: GLVR
Mls ID: #758564