615 N 2nd 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 615 N 2nd St, Allentown, PA, 18102 earns $170/mo cash flow from $1,644/mo rent with a $1,101/mo payment. Total monthly income totals $1,644/mo, and annual cash flow totals $2,040/yr on $74,554 capital. ROI tracks 22.65% on current figures, and rental yield reads 8.77% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 118.08% and total cumulative return in cash sums $88,033. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,644/mo property income instead of your personal income.
Townhouse
Built in 2013
2,482 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: Andrew A. Ginsburg • BHHS Regency Real Estate
Mls Name: GLVR
Mls ID: #762805