977 Village Round #AAllentownPA18106
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 977 Village Round #A, Allentown, PA, 18106 in Allentown: $2,940/mo in rent, $981/mo net, 11.8% gross yield, all on a $299,000 acquisition. The 2.19 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $82,608 in value, and $2,754/yr in principal paydown steadily builds equity. Projected total cumulative return: $177,036.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.2% |
| Monthly Cash Flow | $981 | $850 |
City averages based on Allentown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,940 |
| Total Monthly Debt Service | $1,840 |
| DSCR Ratio | 1.60x |
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.
Condo
Built in 1973
10.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18106, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,976 (100%) |
| Owner Occupied HU | 2,410 (81.0%) |
| Renter Occupied HU | 404 (13.6%) |
| Vacant Housing Units | 162 ( 5.4%) |
| Median Home Value | $431,461 |
| Average Home Value | $440,806 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,561
Multi-Family
262
Businesses
803
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
Condo
Built in 1973
10.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18106, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,976 (100%) |
| Owner Occupied HU | 2,410 (81.0%) |
| Renter Occupied HU | 404 (13.6%) |
| Vacant Housing Units | 162 ( 5.4%) |
| Median Home Value | $431,461 |
| Average Home Value | $440,806 |
Housing Distribution
Address Breakdown
Residential
2,823
Single Family
2,561
Multi-Family
262
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Navilliat • Coldwell Banker Hearthside
Mls Name: GLVR
Mls ID: #761706