22 S 13th StAllentownPA18102
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 22 S 13th St, Allentown, PA, 18102 in Allentown worth study. Rental yield 4.78%. The 4.78% gross yield is below cash-flow benchmarks at $395,000, but 5% annual appreciation, adding $109,131 over five years, frames this as a capital growth position. Rent of $1,574/mo partially offsets the $1,776/mo payment. Ziffy Mortgage finances appreciation-play properties (0.89 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $85,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 5.2% |
| Monthly Cash Flow | $(1,014) | $850 |
City averages based on Allentown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,574 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 0.65x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18102, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,563 (100%) |
| Owner Occupied HU | 5,593 (28.6%) |
| Renter Occupied HU | 12,439 (63.6%) |
| Vacant Housing Units | 1,531 ( 7.8%) |
| Median Home Value | $164,165 |
| Average Home Value | $238,586 |
Housing Distribution
Address Breakdown
Residential
17,707
Single Family
13,781
Multi-Family
3,926
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18102, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,563 (100%) |
| Owner Occupied HU | 5,593 (28.6%) |
| Renter Occupied HU | 12,439 (63.6%) |
| Vacant Housing Units | 1,531 ( 7.8%) |
| Median Home Value | $164,165 |
| Average Home Value | $238,586 |
Housing Distribution
Address Breakdown
Residential
17,707
Single Family
13,781
Multi-Family
3,926
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer L. DeJesus • Steel City Realty
Mls Name: GLVR
Mls Provider:
Mls ID: #748083
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.