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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 1023 Commonwealth Blvd, Reading, PA, 19607 uses $47,073 cash to close to unlock $15,686/yr annual cash flow and $1,307/mo monthly cash flow. Total monthly income runs $2,335/mo, and a $695/mo payment keeps the spread at $1,307/mo. Purchase price stands at $142,000, and rental yield measures 19.73% with $2,335/mo rent. Return on cash invested shows 53.23% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 283% and total cumulative return in cash records $133,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,335/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,205 (100%) |
| Owner Occupied HU | 6,911 (67.7%) |
| Renter Occupied HU | 2,855 (28.0%) |
| Vacant Housing Units | 439 ( 4.3%) |
| Median Home Value | $248,800 |
| Average Home Value | $311,380 |
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Sold | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-09 | $3283.80 | 4.94% | $70,700 | N/A |
| 2024-10-09 | $3129.11 | 2.76% | $70,700 | N/A |
| 2023-10-09 | $3045.12 | 1.17% | $70,700 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
