419 E Walnut StAllentownPA18109
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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 419 E Walnut St, Allentown, PA, 18109 offers $2,262/mo rent that, after a $1,021/mo payment, leaves $768/mo cash flow. Total monthly income is $2,262/mo, and annual cash flow is $9,212/yr on $69,118 cash. Return on cash invested measures 33.24% in year one, and rental yield stands at 13.02% at a $208,500 entry. Equity gained on principal adds $1,345/yr while 5% annual appreciation compounds into $57,605 by year five. Five-year ROI records 175.61% and total cumulative return in cash reaches $121,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,262/mo property income versus a $1,021/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
1,916 sqft lot
$N/A/sqft
No HOA
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Listed by: Christopher G. Raad • Harvey Z Raad Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #759624
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.