1038 Barberry AveReadingPA19605
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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 1038 Barberry Ave, Reading, PA, 19605 listed at $137,000 pairs $1,534/mo rent with a $671/mo payment to leave $636/mo cash flow. Total monthly income runs $1,534/mo, and annual cash flow reaches $7,630/yr on $45,416 cash to close. Return on cash invested measures 36.71% in year one, and rental yield registers 13.44% at a $137,000 basis. Equity gained on principal adds $884/yr, and annual property appreciation at 5% supports $37,851 by year five. Five-year ROI tracks 193.42% and total cumulative return in cash totals $87,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,534/mo property income relative to a $671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
N/A 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: Matthew Gantkowski • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2060812