








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Allentown at 2232 W Highland St, Allentown, PA, 18104 listed at $350,000 pairs $2,640/mo rent with a $1,713/mo payment to leave $347/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $4,159/yr on $116,025 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.05% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 122.54% and total cumulative return in cash totals $142,178. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18104, Allentown, PA area.
| 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 |
Residential
19,253
Single Family
16,764
Multi-Family
2,489
Businesses
1,144
Date | Event | Price |
|---|---|---|
| 2025-10-08 | Sold | $350,000 |
| 2025-09-07 | Pending sale | $330,000 |
| 2025-09-05 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stuart Dubbs • RE/MAX Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #763689
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.