1033 Whitford DrReadingPA19605
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Nearby investment properties with comparable prices
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 1033 Whitford Dr, Reading, PA, 19605 offers a 11.43% rental yield on a $329,900 purchase with $3,143/mo rent. Total monthly income registers $3,143/mo, and a $1,615/mo payment leaves $981/mo available for distribution. Annual cash flow reaches $11,771/yr on $109,362 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 161.04% and total cumulative return in cash at $176,115. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,143/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,856 (100%) |
| Owner Occupied HU | 7,009 (79.1%) |
| Renter Occupied HU | 1,489 (16.8%) |
| Vacant Housing Units | 358 ( 4.0%) |
| Median Home Value | $270,423 |
| Average Home Value | $335,208 |
Housing Distribution
Address Breakdown
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
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Listed by: Daniel Walley • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2064654