632 W Gordon 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 632 W Gordon St, Allentown, PA, 18102 priced at $164,900 pairs $1,290/mo rent with $210/mo cash flow after a $807/mo payment. Total monthly income equals $1,290/mo, and annual cash flow comes to $2,514/yr on $54,664 invested. Return on cash invested is 24.51% in year one, and rental yield stands at 9.39% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 128.01% and total cumulative return in cash reaches $69,976. For financing, Ziffy Mortgage’s DSCR program evaluates $1,290/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1890
2,221 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: Nick Spade • Spade Property Management Inc.
Mls Name: GLVR
Mls ID: #761989