112 Oak LnReadingPA19606
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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
Rental property for sale in Reading at 112 Oak Ln, Reading, PA, 19606 offers $1,921/mo rent that, after a $1,101/mo payment, leaves $447/mo cash flow. Total monthly income is $1,921/mo, and annual cash flow is $5,362/yr on $74,588 cash. Return on cash invested measures 27.1% in year one, and rental yield stands at 10.25% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 141.86% and total cumulative return in cash reaches $105,813. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,921/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,673 (100%) |
| Owner Occupied HU | 11,127 (75.8%) |
| Renter Occupied HU | 2,972 (20.3%) |
| Vacant Housing Units | 574 ( 3.9%) |
| Median Home Value | $290,366 |
| Average Home Value | $311,369 |
Housing Distribution
Address Breakdown
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
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Listed by: Sandra Martin • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2063348