131 E Elm StShillingtonPA19607
Nearby investment properties with comparable rents
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
Investment property for sale in Shillington at 131 E Elm St, Shillington, PA, 19607 uses $61,294 cash to close to unlock $2,429/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,414/mo, and a $905/mo payment keeps the spread at $202/mo. Purchase price stands at $184,900, and rental yield measures 9.18% with $1,414/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 124.62% and total cumulative return in cash records $76,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,414/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1925
2,613 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darren Kostival • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2067572