521 W Walnut StAllentownPA18101
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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 521 W Walnut St, Allentown, PA, 18101 priced at $379,000 pairs $1,832/mo rent with after a $1,855/mo payment. Total monthly income equals $1,832/mo. Return on cash invested is 11.23% in year one, and rental yield stands at 5.8% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 57.68% and total cumulative return in cash reaches $72,467. For financing, Ziffy Mortgage’s DSCR program evaluates $1,832/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1901
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18101, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 211 ( 6.6%) |
| Renter Occupied HU | 2,708 (84.2%) |
| Vacant Housing Units | 299 ( 9.3%) |
| Median Home Value | $135,938 |
| Average Home Value | $195,108 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
1,251
Multi-Family
1,683
Businesses
457
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Listed by: Lenore J. Mohr • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #750467
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.