1 Wyomissing Hills BlvdReadingPA19609
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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
Investment property for sale in Reading at 1 Wyomissing Hills Blvd, Reading, PA, 19609 offers a 9.8% rental yield on a $573,953 purchase with $4,686/mo rent. Total monthly income registers $4,686/mo, and a $2,809/mo payment leaves $925/mo available for distribution. Annual cash flow reaches $11,102/yr on $188,831 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $3,704/yr while 5% annual appreciation supports $158,573 over five years. Portfolio math shows five-year ROI at 135.64% and total cumulative return in cash at $256,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,686/mo property income against a $2,809/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Marcus Gonzalez • Atlas Land and Homes
Mls Name: Bright MLS
Mls ID: #PABK2063372