635 W Union StAllentownPA18101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 635 W Union St, Allentown, PA, 18101 in Allentown worth modelling. At $139,900 with a 9.57% gross yield, the $1,116/mo rent leaves $199/mo after the $629/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.77 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,652 by year five; $1,288/yr in principal reduction adds further equity. Total projected return: $66,088.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.2% |
| Monthly Cash Flow | $199 | $850 |
City averages based on Allentown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,116 |
| Total Monthly Debt Service | $861 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18101, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 211 ( 6.6%) |
| Renter Occupied HU | 2,708 (84.2%) |
| Vacant Housing Units | 299 ( 9.3%) |
| Median Home Value | $135,938 |
| Average Home Value | $195,108 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
1,251
Multi-Family
1,683
Businesses
457
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
Townhouse
Built in 1900
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18101, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 211 ( 6.6%) |
| Renter Occupied HU | 2,708 (84.2%) |
| Vacant Housing Units | 299 ( 9.3%) |
| Median Home Value | $135,938 |
| Average Home Value | $195,108 |
Housing Distribution
Address Breakdown
Residential
2,934
Single Family
1,251
Multi-Family
1,683
Businesses
457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GLVR
Mls ID: #777607