120 Hickory LnWyomissingPA19610
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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
Investment property for sale in Wyomissing at 120 Hickory Ln, Wyomissing, PA, 19610 listed at $289,900 pairs $2,462/mo rent with a $1,419/mo payment to leave $562/mo cash flow. Total monthly income runs $2,462/mo, and annual cash flow reaches $6,747/yr on $96,102 cash to close. Return on cash invested measures 26.93% in year one, and rental yield registers 10.19% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 141% and total cumulative return in cash totals $135,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,462/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1995
N/A 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: Daryl Tillman • Daryl Tillman Realty Group
Mls Name: Bright MLS
Mls ID: #PABK2062768