








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 2313 Grove St, Allentown, PA, 18104 offers a 10.11% rental yield on a $305,000 purchase with $2,570/mo rent. Total monthly income registers $2,570/mo, and a $1,493/mo payment leaves $571/mo available for distribution. Annual cash flow reaches $6,855/yr on $101,108 to close, and return on cash invested stands at 26.69% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 139.7% and total cumulative return in cash at $141,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,570/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1970
5,183 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 |
|---|---|---|
| 2025-08-21 | Sold | $305,000 |
| 2025-07-17 | Pending sale | $285,000 |
| 2025-07-12 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-14 | $2997.47 | 6.38% | $119,900 | N/A |
| 2024-10-14 | $2817.62 | 2.17% | $119,900 | N/A |
| 2023-10-14 | $2757.67 | N/A | $119,900 | N/A |



Listed by: Anna Ames • Weichert Realtors
Mls Name: GLVR
Mls Provider:
Mls ID: #760017
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.