220 Lilac DrAllentownPA18104
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
Investment Highlights
Rental property for sale in Allentown at 220 Lilac Dr, Allentown, PA, 18104 offers $3,553/mo rent that, after a $3,828/mo payment. Total monthly income is $3,553/mo. Return on cash invested measures 12.73% in year one, and rental yield stands at 5.45% at a $782,000 entry. Equity gained on principal adds $5,046/yr while 5% annual appreciation compounds into $216,052 by year five. Five-year ROI records 64.79% and total cumulative return in cash reaches $166,700. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,553/mo property income versus a $3,828/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristi L. Smith • RE/MAX Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #757260
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.