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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reading at 1532 Oak Ln, Reading, PA, 19604 listed at $359,900 pairs $2,719/mo rent with a $1,762/mo payment to leave $360/mo cash flow. Total monthly income runs $2,719/mo, and annual cash flow reaches $4,322/yr on $119,307 cash to close. Return on cash invested measures 23.53% in year one, and rental yield registers 9.07% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 122.78% and total cumulative return in cash totals $146,486. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,719/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19604, Reading, PA area.
| 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 |
Residential
8,821
Single Family
8,006
Multi-Family
815
Businesses
378
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Higginbotham • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2064348
