1359 Green StReadingPA19604
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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 Reading at 1359 Green St, Reading, PA, 19604 offers $904/mo rent that, after a $573/mo payment, leaves $137/mo cash flow. Total monthly income is $904/mo, and annual cash flow is $1,644/yr on $38,786 cash. Return on cash invested measures 24.15% in year one, and rental yield stands at 9.27% at a $117,000 entry. Equity gained on principal adds $755/yr while 5% annual appreciation compounds into $32,325 by year five. Five-year ROI records 126.02% and total cumulative return in cash reaches $48,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $904/mo property income versus a $573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1910
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19604, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,028 (100%) |
| Owner Occupied HU | 4,658 (46.4%) |
| Renter Occupied HU | 4,695 (46.8%) |
| Vacant Housing Units | 675 ( 6.7%) |
| Median Home Value | $117,611 |
| Average Home Value | $181,341 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,006
Multi-Family
815
Businesses
378
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Listed by: Soranyi Lozano Guzman • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PABK2063784