1077 Ryebrook RdReadingPA19608
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1077 Ryebrook Rd, Reading, PA, 19608 in Reading offers a clean, manageable entry. Rental yield 6.29%. DSCR 1.26 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $157,480 in additional property value over five years, with $5,250/yr in principal equity building ownership stake. Total projected cumulative return: $185,001.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.2% |
| Monthly Cash Flow | $(880) | $450 |
City averages based on Reading market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,237 |
| Total Monthly Debt Service | $3,508 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Housing Distribution
Address Breakdown
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
Nearby investment properties with comparable rents
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
Single Family
Built in 2022
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Housing Distribution
Address Breakdown
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dipak Bhatta • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2058598