1216 Minesite RdAllentownPA18103
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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 1216 Minesite Rd, Allentown, PA, 18103 offers $2,704/mo rent that, after a $1,835/mo payment, leaves $247/mo cash flow. Total monthly income is $2,704/mo, and annual cash flow is $2,967/yr on $124,279 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 8.66% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 116.15% and total cumulative return in cash reaches $144,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.88 Acres lot
$N/A/sqft
No HOA
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Listed by: Eric A. Rothenberger • Better Homes&Gardens RE Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #755774
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