37 Spruce StAllentownPA18101
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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 37 Spruce St, Allentown, PA, 18101 listed at $139,000 pairs $1,690/mo rent with a $680/mo payment to leave $779/mo cash flow. Total monthly income runs $1,690/mo, and annual cash flow reaches $9,354/yr on $46,079 cash to close. Return on cash invested measures 40.21% in year one, and rental yield registers 14.59% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 212.21% and total cumulative return in cash totals $97,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,690/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
827.64 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: Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt
Mls Name: GLVR
Mls ID: #769382