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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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% |
Investment property for sale in Reading at 1020 Meade St, Reading, PA, 19611 listed at $264,900 pairs $2,288/mo rent with a $1,297/mo payment to leave $552/mo cash flow. Total monthly income runs $2,288/mo, and annual cash flow reaches $6,620/yr on $87,814 cash to close. Return on cash invested measures 27.45% in year one, and rental yield registers 10.36% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 143.77% and total cumulative return in cash totals $126,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,288/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19611, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,441 (100%) |
| Owner Occupied HU | 2,107 (47.4%) |
| Renter Occupied HU | 2,169 (48.8%) |
| Vacant Housing Units | 165 ( 3.7%) |
| Median Home Value | $173,080 |
| Average Home Value | $204,439 |
Residential
4,291
Single Family
3,774
Multi-Family
517
Businesses
423
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kelvin Rodriguez • Iron Valley Real Estate of Berks
Mls Name: Bright MLS
Mls ID: #PABK2063918
