11 Margaret DrReadingPA19609
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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 11 Margaret Dr, Reading, PA, 19609 listed at $275,000 pairs $2,429/mo rent with a $1,346/mo payment to leave $627/mo cash flow. Total monthly income runs $2,429/mo, and annual cash flow reaches $7,524/yr on $91,163 cash to close. Return on cash invested measures 28.16% in year one, and rental yield registers 10.6% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 147.56% and total cumulative return in cash totals $134,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,429/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Kim Welch • Herb Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PABK2067766