117 S Park RdWyomissingPA19610
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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 Wyomissing at 117 S Park Rd, Wyomissing, PA, 19610 priced at $339,800 pairs $3,202/mo rent with $976/mo cash flow after a $1,663/mo payment. Total monthly income equals $3,202/mo, and annual cash flow comes to $11,706/yr on $112,644 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 11.31% on a $339,800 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,880 by year five. Five-year ROI measures 159.05% and total cumulative return in cash reaches $179,163. For financing, Ziffy Mortgage’s DSCR program evaluates $3,202/mo property income against a $1,663/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19610, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,190 (100%) |
| Owner Occupied HU | 4,670 (65.0%) |
| Renter Occupied HU | 2,125 (29.6%) |
| Vacant Housing Units | 395 ( 5.5%) |
| Median Home Value | $408,640 |
| Average Home Value | $444,322 |
Housing Distribution
Address Breakdown
Residential
7,124
Single Family
5,969
Multi-Family
1,155
Businesses
1,222
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Listed by: Cecilia Leone • Century 21 Emerald
Mls Name: Bright MLS
Mls ID: #PABK2062920