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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 241 Snapdragon Way, Allentown, PA, 18104 priced at $415,000 pairs $3,300/mo rent with $581/mo cash flow after a $2,031/mo payment. Total monthly income equals $3,300/mo, and annual cash flow comes to $6,969/yr on $137,573 invested. Return on cash invested is 24.98% in year one, and rental yield stands at 9.54% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 130.48% and total cumulative return in cash reaches $179,505. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2016
2,918 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18104, Allentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,752 (100%) |
| Owner Occupied HU | 13,014 (65.9%) |
| Renter Occupied HU | 5,738 (29.1%) |
| Vacant Housing Units | 1,000 ( 5.1%) |
| Median Home Value | $383,839 |
| Average Home Value | $413,014 |
Housing Distribution
Address Breakdown
Residential
19,253
Single Family
16,764
Multi-Family
2,489
Businesses
1,144
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2016
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Built In, Garage, Off Street, Parking Lot, On Street
Location
- City: N/A
- Subdivision: N/A
- Lot Size: 2,918 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lori Bartkus • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #763147