15 Cambridge AveReadingPA19609
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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 Reading at 15 Cambridge Ave, Reading, PA, 19609 with 5% annual appreciation on a $288,700 basis while $2,221/mo rent supports operations. Total monthly income totals $2,221/mo and a $1,413/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,951/yr on $95,704 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $1,863/yr, and five-year appreciation sums $79,762 alongside rental yield of 9.23%. Five-year ROI measures 125.49% and total cumulative return in cash totals $120,100.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,221/mo property income versus a $1,413/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1935
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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