828 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 828 W Gordon St, Allentown, PA, 18102 priced at $293,000 converts $2,249/mo rent into $329/mo cash flow after a $1,434/mo obligation. Total monthly income equals $2,249/mo, and annual cash flow totals $3,949/yr on $97,130 invested. Return on cash invested prints 23.98% in year one, and rental yield reads 9.21% against a $293,000 entry. Equity gained on principal adds $1,891/yr, while 5% annual appreciation compiles into $80,951 by year five. Five-year ROI reaches 125.18% and total cumulative return in cash sums $121,582. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,249/mo property income covering a $1,434/mo payment, not borrower’s personal income.
Townhouse
Built in 1875
2,178 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: Sami L. Lerit • Keller Williams Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #765151
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.