1424 Wayne St, Reading, PA, 19601 | $560/mo Cash Flow

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reading at 1424 Wayne St, Reading, PA, 19601 uses $64,609 cash to close to unlock $6,717/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $1,837/mo, and a $954/mo payment keeps the spread at $560/mo. Purchase price stands at $194,900, and rental yield measures 11.31% with $1,837/mo rent. Return on cash invested shows 30.31% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 159.08% and total cumulative return in cash records $102,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,837/mo property income covering a $954/mo payment rather than investor’s personal income.

Single Family

Built in 1939

6,969 sqft lot

$N/A/sqft

No HOA