1174 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
Investment property for sale in Allentown at 1174 Driver Pl, Allentown, PA, 18106 with 5% annual appreciation on a $315,000 basis while $1,964/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 7.48%. Five-year ROI measures 97.16% and total cumulative return in cash totals $101,453. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,964/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1973
2,047 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: Jason P. Freeby • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #757119
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.