1053 Muhlenberg StReadingPA19602
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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 1053 Muhlenberg St, Reading, PA, 19602 earns $160/mo cash flow from $978/mo rent with a $611/mo payment. Total monthly income totals $978/mo, and annual cash flow totals $1,919/yr on $41,404 capital. ROI tracks 24.54% on current figures, and rental yield reads 9.4% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash sums $53,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $978/mo property income instead of your personal income.
Townhouse
Built in 1910
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19602, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,480 (100%) |
| Owner Occupied HU | 2,277 (26.9%) |
| Renter Occupied HU | 5,139 (60.6%) |
| Vacant Housing Units | 1,064 (12.5%) |
| Median Home Value | $80,336 |
| Average Home Value | $137,463 |
Housing Distribution
Address Breakdown
Residential
6,982
Single Family
4,996
Multi-Family
1,986
Businesses
384
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Listed by: Chaz Logan • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2061916