717 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 717 W Cedar St, Allentown, PA, 18102 priced at $209,900 converts $1,974/mo rent into $599/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,974/mo, and annual cash flow totals $7,187/yr on $69,582 invested. Return on cash invested prints 30.24% in year one, and rental yield reads 11.29% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 158.71% and total cumulative return in cash sums $110,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,974/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Townhouse
Built in 1893
1,568 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: Rami Mamari • Mamari Realty
Mls Name: GLVR
Mls ID: #765738