35 Church StreetAllentownNJ08501
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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
Investment property for sale in Allentown at 35 Church Street, Allentown, NJ, 08501 uses $132,567 cash to close to unlock $1,211/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $1,957/mo payment keeps the spread at $101/mo. Purchase price stands at $399,900, and rental yield measures 8.86% with $2,951/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash records $144,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08501, Allentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,176 (85.3%) |
| Renter Occupied HU | 250 ( 9.8%) |
| Vacant Housing Units | 124 ( 4.9%) |
| Median Home Value | $687,500 |
| Average Home Value | $810,505 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,417
Multi-Family
0
Businesses
210
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Listed by: Jason Gumnitz • RE/MAX Central
Mls Name: MoreMLS
Mls ID: #22532262