55 Heritage DriveAllentownNJ08501
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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 55 Heritage Drive, Allentown, NJ, 08501 generates $4,900/mo in rent, after a $4,895/mo payment. Total monthly income is $4,900/mo. Return on cash invested sits at 11.46% in year one, and rental yield is 5.88% on a $999,999 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation builds toward $276,281 over five years. Five-year ROI reaches 58.93% and total cumulative return in cash sums $193,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,900/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.30 Acres lot
$N/A/sqft
$390 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08501, Allentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,176 (85.3%) |
| Renter Occupied HU | 250 ( 9.8%) |
| Vacant Housing Units | 124 ( 4.9%) |
| Median Home Value | $687,500 |
| Average Home Value | $810,505 |
Housing Distribution
Address Breakdown
Residential
2,417
Single Family
2,417
Multi-Family
0
Businesses
210
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Listed by: Amy Weltner • Berkshire Hathaway HomeServices Fox & Roach - Perrineville
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22522330
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.