5054 Rainbow CtAllentownPA18106
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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 5054 Rainbow Ct, Allentown, PA, 18106 uses $169,435 cash to close to unlock $876/yr annual cash flow and $73/mo monthly cash flow. Total monthly income runs $3,448/mo, and a $2,521/mo payment keeps the spread at $73/mo. Purchase price stands at $515,000, and rental yield measures 8.03% with $3,448/mo rent. Return on cash invested shows 20.58% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 106.87% and total cumulative return in cash records $181,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,448/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18106, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,976 (100%) |
| Owner Occupied HU | 2,410 (81.0%) |
| Renter Occupied HU | 404 (13.6%) |
| Vacant Housing Units | 162 ( 5.4%) |
| Median Home Value | $431,461 |
| Average Home Value | $440,806 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,561
Multi-Family
262
Businesses
803
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Listed by: Alex Meyer • BHHS Fox & Roach Center Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #757407
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.