420 N Law StAllentownPA18102
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
Investment Highlights
Investment property for sale in Allentown at 420 N Law St, Allentown, PA, 18102 uses $49,692 cash to close to unlock $1,949/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $1,145/mo, and a $734/mo payment keeps the spread at $162/mo. Purchase price stands at $149,900, and rental yield measures 9.17% with $1,145/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash records $61,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,145/mo property income covering a $734/mo payment rather than investor’s personal income.
Townhouse
Built in 1901
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18102, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,563 (100%) |
| Owner Occupied HU | 5,593 (28.6%) |
| Renter Occupied HU | 12,439 (63.6%) |
| Vacant Housing Units | 1,531 ( 7.8%) |
| Median Home Value | $164,165 |
| Average Home Value | $238,586 |
Housing Distribution
Address Breakdown
Residential
17,707
Single Family
13,781
Multi-Family
3,926
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Gensey • DKR Property Mgmt & Maint LLC
Mls Name: GLVR
Mls ID: #763331