2729 Elm CtAllentownPA18104
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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
Rental property for sale in Allentown at 2729 Elm Ct, Allentown, PA, 18104 priced at $300,000 pairs $3,395/mo rent with $1,218/mo cash flow after a $1,468/mo payment. Total monthly income equals $3,395/mo, and annual cash flow comes to $14,616/yr on $99,450 invested. Return on cash invested is 34.61% in year one, and rental yield stands at 13.58% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 183.05% and total cumulative return in cash reaches $182,040. For financing, Ziffy Mortgage’s DSCR program evaluates $3,395/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,318 sqft 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
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Listed by: Andrew J. Dilg • RE/MAX Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #747868
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.