551 Park StAllentownPA18102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 551 Park St, Allentown, PA, 18102 with 5% annual appreciation on a $150,000 basis while $1,955/mo rent supports operations. Total monthly income totals $1,955/mo and a $734/mo payment preserves $894/mo for cash returns. Annual cash flow comes to $10,723/yr on $49,725 deployed, and return on cash invested reaches 41.47% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 15.64%. Five-year ROI measures 219.67% and total cumulative return in cash totals $109,230.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,955/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1891
1,219 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott C. Harrington • Coldwell Banker Heritage R E
Mls Name: GLVR
Mls Provider:
Mls ID: #760410
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.