30 N 2nd St FLOOR 2AllentownPA18101
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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
Total monthly income runs $1,800/mo, and a $1,517/mo payment. Purchase price stands at $310,000, and rental yield measures 6.97% with $1,800/mo rent. Return on cash invested shows 17.21% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 88.85% and total cumulative return in cash records $91,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18101, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 211 ( 6.6%) |
| Renter Occupied HU | 2,708 (84.2%) |
| Vacant Housing Units | 299 ( 9.3%) |
| Median Home Value | $135,938 |
| Average Home Value | $195,108 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
1,251
Multi-Family
1,683
Businesses
457
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Listed by: Marlene I. Davila • Century 21 Ramos Realty
Mls Name: GLVR
Mls ID: #766714