626 W Cedar 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
Rental property for sale in Allentown at 626 W Cedar St, Allentown, PA, 18102 offers $1,688/mo rent that, after a $1,224/mo payment, leaves $49/mo cash flow. Total monthly income is $1,688/mo, and annual cash flow is $593/yr on $82,875 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 8.1% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 107.19% and total cumulative return in cash reaches $88,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,688/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1901
1,481 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: Angel G. Rosa • I-Do Real Estate
Mls Name: GLVR
Mls ID: #767269