117 S Park Rd, Wyomissing, PA, 19610 | $976/mo Cash Flow

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117 S Park Rd, Wyomissing, PA, 19610 | $976/mo Cash Flow | Ziffy

For Sale

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

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

More details about the property

Welcome to this charming Wyomissing neighborhood, where this impressive brick twin offers a prime location just moments from Reading Hospital, the Public Museum, and the vibrant avenue in West Reading, lined with exceptional dining, shopping, and social experiences. With its move-in-ready status and 9 ceilings this home features numerous updates, included are the roof, siding on the sunroom, as well as replacement windows and modern Heating and Central Air units, making it the perfect place to call home and relax in style. The interior reveals a perfect blend of elegance and comfort, featuring hardwood floors in the foyer, living room, and dining room, complemented by tile flooring in the kitchen and powder room, creating a warm and inviting atmosphere perfect for entertaining. The living room's corner fireplace and the sunroom's marble faux fireplace create cozy retreats, while the second floor offers two spacious bedrooms, an office, and a large main bath, providing ample space for relaxation, productivity, and leisure. The third floor reveals two additional generous bedrooms and ample storage space, inviting you to unlock the full potential of this incredible home and make it your own personal oasis. Both bathrooms were recently renovated and the backyard renovation- New deck, gazebo, fence. Wyomissing schools.

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