812 Miller St, Allentown, PA, 18103 | $467/mo Cash Flow

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812 Miller St, Allentown, PA, 18103 | $467/mo Cash Flow | 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 812 Miller St, Allentown, PA, 18103 uses $140,888 cash to close to unlock $5,607/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $3,252/mo, and a $2,080/mo payment keeps the spread at $467/mo. Purchase price stands at $425,000, and rental yield measures 9.18% with $3,252/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 124.69% and total cumulative return in cash records $175,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,252/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1964

9,452 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 812 Miller Street in Lehigh County's Green Acres Subdivision. This Salisbury School District better than new bilevel home offers 4 bedrooms (1 in the finished lower level), 2.5 baths and 1783 square feet of absolute move-in ready living area. Step inside and take a half set of stairs to the spacious living room with beautiful hardwoods that stretch into the adjoining dining room - a perfect gathering place for those holiday dinners. Open floor plan connects to the sure to please brand new custom kitchen. Kitchen features include granite tops, all brand new stainless steel appliances, recessed lights, oversized tile floor and a contrasting 2 tier eat- at island. Take the hallway to the owners suite with stall shower bath and hardwood flooring. Bedroom 2 offers double closets and oak hardwoods while bedroom 3 features a custom shiplap feature wall with crown molding. Bedrooms 2 and 3 share the white subway tiled hall bathroom. Finished lower level offers a wide open spacious great room with pellet stove and plenty of space for an in-home office, bedroom 4, a half bath and pantry/laundry room area. All this plus 2 oversized garage spaces, a wonderful covered patio area great for summer cook-outs, 12x14 shed with loft remains, radon remediation completed and close to schools, parks, pools, Dorney Park, dining and so much more making this the one to see! Schedule your showing today!