1244 N Ott 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 1244 N Ott St, Allentown, PA, 18104 listed at $278,000 pairs $1,951/mo rent with a $1,361/mo payment to leave $129/mo cash flow. Total monthly income runs $1,951/mo, and annual cash flow reaches $1,548/yr on $92,157 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 8.42% at a $278,000 basis. Equity gained on principal adds $1,794/yr, and annual property appreciation at 5% supports $76,806 by year five. Five-year ROI tracks 112.31% and total cumulative return in cash totals $103,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,951/mo property income relative to a $1,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
8,755 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: Dale A. Kessler, Jr. • Realty 365
Mls Name: GLVR
Mls ID: #767103