119 Reading AveShillingtonPA19607
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Nearby investment properties with comparable prices
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 Shillington at 119 Reading Ave, Shillington, PA, 19607 priced at $249,000 pairs $2,118/mo rent with $486/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,118/mo, and annual cash flow comes to $5,833/yr on $82,544 invested. Return on cash invested is 26.98% in year one, and rental yield stands at 10.21% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 141.26% and total cumulative return in cash reaches $116,600. For financing, Ziffy Mortgage’s DSCR program evaluates $2,118/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,205 (100%) |
| Owner Occupied HU | 6,911 (67.7%) |
| Renter Occupied HU | 2,855 (28.0%) |
| Vacant Housing Units | 439 ( 4.3%) |
| Median Home Value | $248,800 |
| Average Home Value | $311,380 |
Housing Distribution
Address Breakdown
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
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Listed by: Jodi Brick Tibbetts • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2063352