617 Oak 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 617 Oak St, Allentown, PA, 18102 uses $54,698 cash to close to unlock $2,771/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,323/mo, and a $808/mo payment keeps the spread at $231/mo. Purchase price stands at $165,000, and rental yield measures 9.62% with $1,323/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash records $71,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,323/mo property income covering a $808/mo payment rather than investor’s personal income.
Townhouse
Built in 1890
1,132 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: Jamie Vega Ocasio • I-Do Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #758394
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.