5300 Hanover DrAllentownPA18106
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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 5300 Hanover Dr, Allentown, PA, 18106 listed at $489,900 pairs $3,491/mo rent with a $2,398/mo payment to leave $281/mo cash flow. Total monthly income runs $3,491/mo, and annual cash flow reaches $3,367/yr on $162,402 cash to close. Return on cash invested measures 21.98% in year one, and rental yield registers 8.55% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 114.44% and total cumulative return in cash totals $185,861. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,491/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
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: Lynn Zegalia • Main Street RE Partners
Mls Name: GLVR
Mls ID: #763396