438 N 7th StAllentownPA18102
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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 438 N 7th St, Allentown, PA, 18102 generates $1,818/mo in rent, after a $2,457/mo payment. Total monthly income is $1,818/mo. Return on cash invested sits at 9.37% in year one, and rental yield is 4.35% on a $502,000 entry. Equity gained on principal adds $3,239/yr, while 5% annual appreciation builds toward $138,693 over five years. Five-year ROI reaches 46.78% and total cumulative return in cash sums $77,256. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,818/mo property income rather than buyer’s personal income.
Multi Family
Built in 1843
4,660 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
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Listed by: Ayon A. Codner • Keller Williams Allentown
Mls Name: GLVR
Mls ID: #762577