118 Octagon Ave, Sinking Spring, PA, 19608 | $36/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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118 Octagon Ave, Sinking Spring, PA, 19608 | $36/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 Sinking Spring at 118 Octagon Ave, Sinking Spring, PA, 19608 generates $2,395/mo in rent and, after a $1,762/mo payment, leaves $36/mo in cash flow. Total monthly income is $2,395/mo, and annual cash flow is $434/yr on $119,307 invested. Return on cash invested sits at 20.27% in year one, and rental yield is 7.99% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 105.3% and total cumulative return in cash sums $125,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,395/mo property income rather than buyer’s personal income.

Single Family

Built in 1965

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully remodeled split level with a fenced in back yard in the Wilson School District. You will love the bright and cheery first floor open concept living room, dining room, and kitchen with a view of the wood burning fireplace from all rooms. Both the living room and the dining room have hardwood flooring and an abundance of natural lighting. The kitchen has been beautifully remodeled with LVT flooring, new cabinetry, quartz countertops, stainless steel appliances, and a huge island with electric and seating for four people. The upper level features 3 bedrooms and a remodeled bathroom with tile surround. The lower level offers a cozy family room, remodeled half bath, and laundry facilities, and a walkout, 1 car garage. The backyard is fenced in and offers the perfect place for recreation or dining on the patio, and the economical natural gas heat and solar panels helps you save on utility costs. Come take a look and be home for the holidays.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19608, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,774 (100%)
Owner Occupied HU	7,474 (76.5%)
Renter Occupied HU	2,050 (21.0%)
Vacant Housing Units	250 ( 2.6%)
Median Home Value	$364,596
Average Home Value	$415,396