172 Chestnut StAllentownPA18101
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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 172 Chestnut St, Allentown, PA, 18101 uses $66,267 cash to close to unlock $3,234/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $978/mo payment keeps the spread at $270/mo. Purchase price stands at $199,900, and rental yield measures 9.48% with $1,579/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 129.51% and total cumulative return in cash records $85,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $978/mo payment rather than investor’s personal income.
Townhouse
Built in 1885
1,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18101, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 211 ( 6.6%) |
| Renter Occupied HU | 2,708 (84.2%) |
| Vacant Housing Units | 299 ( 9.3%) |
| Median Home Value | $135,938 |
| Average Home Value | $195,108 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
1,251
Multi-Family
1,683
Businesses
457
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Listed by: Yamilett L. Gomez • Allentown City Realty
Mls Name: GLVR
Mls ID: #764078