With 3 beds, 1 bath, and 1,170 sqft, this single-family home in Allentown’s 8th Ward sits right in the rent sweet spot for family tenants. Based on comps and market data, the potential monthly rent ranges from $1,600 to $2,000. Annually, that’s $19.2K–$24K in gross revenue. The estimated payback period, using an average price of $175.4K and mid-range rent, is roughly 8–9 years on gross rent alone. The neighborhood is stable, with moderate school scores and consistent rental demand. Updates like granite counters add appeal, but the lack of central cooling and limited parking may slightly temper top-end rent potential.

To maximize rental income, consider installing basic air conditioning, refreshing the bathroom, and adding in-unit laundry if possible. Cosmetic upgrades—modern lighting and flooring—would also boost appeal. If you’re thinking of selling, market the property as turnkey with value-add potential. Highlight recent upgrades and the strong demand for 3-bedroom rentals in this corridor, but be transparent about older systems and on-street parking.