35 Spruce StAllentownPA18101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $139,500, 35 Spruce St, Allentown, PA, 18101 in Allentown generates $1,111/mo in rent (9.56% yield) but nets only $197/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.77) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $38,541. Total projected return: $65,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.2% |
| Monthly Cash Flow | $197 | $850 |
City averages based on Allentown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,111 |
| Total Monthly Debt Service | $859 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1880
1,350 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1880
1,350 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GLVR
Mls ID: #772557