1117 Chestnut St, Reading, PA, 19602 | $751/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1117 Chestnut St, Reading, PA, 19602 | $751/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reading at 1117 Chestnut St, Reading, PA, 19602 offers a 15.38% rental yield on a $119,900 purchase with $1,537/mo rent. Total monthly income registers $1,537/mo, and a $587/mo payment leaves $751/mo available for distribution. Annual cash flow reaches $9,014/yr on $39,747 to close, and return on cash invested stands at 42.59% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 225.04% and total cumulative return in cash at $89,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,537/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1900

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1117 Chestnut Street, a property where opportunity meets possibility. This 3-bedroom, 1-bath home offers 1,722 square feet of generously sized living space, providing the kind of layout investors and value-driven buyers look for. Large rooms, solid square footage, and a functional floor plan create the perfect foundation for strategic updates that can unlock its full potential. With some thoughtful improvements, this home has the chance to transform into a standout assetwhether as a long-term rental, a smart flip, or a buy-and-hold investment you can feel confident about. Imagine breathing new life into a home thats just waiting for the right vision, turning todays opportunity into tomorrows return. Conveniently located near schools, and major routes, 1117 Chestnut Street isnt just an investmentits a chance to build equity, create value, and write a success story worth remembering.

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