8 Gordon St, Allentown, NJ, 08501 | 8.13% Rental Yield

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8 Gordon St, Allentown, NJ, 08501 | 8.13% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Allentown at 8 Gordon St, Allentown, NJ, 08501 offers a 8.13% rental yield on a $299,999 purchase with $2,032/mo rent. 63% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 97.21% and total cumulative return in cash at $96,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

8 Gordon Street, Allentown, NJ 08501, is a single-family home built in 1971 on approximately 0.31 acres, offering around 1,134 sq ft of living space and presenting a strong investment opportunity in the heart of Monmouth County. The propertys after-repair value (ARV) is estimated at approximately $550,000, based on comparable sales in the area and recent market trends. Please do not disturb the individual currently occupying the property, as they are a squatter. Located within the Borough of Allentowns R-1 zoning district, this home offers a solid structure, desirable location, and excellent renovation potentialgiving investors the opportunity to add significant value through updates and repositioning once access and condition assessments can be appropriately coordinated.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08501, Allentown, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,550 (100%)
Owner Occupied HU	2,176 (85.3%)
Renter Occupied HU	250 ( 9.8%)
Vacant Housing Units	124 ( 4.9%)
Median Home Value	$687,500
Average Home Value	$810,505