134 S 2nd AveWest ReadingPA19611
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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
Rental property for sale in West Reading at 134 S 2nd Ave, West Reading, PA, 19611 priced at $1,030,200 pairs $1,753/mo rent with after a $5,042/mo payment. Total monthly income equals $1,753/mo. Return on cash invested is 2.4% in year one, and rental yield stands at 2.04% on a $1,030,200 basis. Equity gained on principal adds $6,648/yr, and 5% annual appreciation accumulates to $284,625 by year five. Five-year ROI measures 9.36% and total cumulative return in cash reaches $31,253. For financing, Ziffy Mortgage’s DSCR program evaluates $1,753/mo property income against a $5,042/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19611, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,441 (100%) |
| Owner Occupied HU | 2,107 (47.4%) |
| Renter Occupied HU | 2,169 (48.8%) |
| Vacant Housing Units | 165 ( 3.7%) |
| Median Home Value | $173,080 |
| Average Home Value | $204,439 |
Housing Distribution
Address Breakdown
Residential
4,291
Single Family
3,774
Multi-Family
517
Businesses
423
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Listed by: N/A • N/A
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