516 N Lumber 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
Investment property for sale in Allentown at 516 N Lumber St, Allentown, PA, 18102 with 5% annual appreciation on a $164,900 basis while $1,873/mo rent supports operations. Total monthly income totals $1,873/mo and a $807/mo payment preserves $793/mo for cash returns. Annual cash flow comes to $9,510/yr on $54,664 deployed, and return on cash invested reaches 37.31% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 13.63%. Five-year ROI measures 196.65% and total cumulative return in cash totals $107,500.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,873/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1899
2,000 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: Kristine McCreary-Williams • Full CircleRealty&PropertyMgmt
Mls Name: GLVR
Mls ID: #748257