1538 Luzerne StReadingPA19601
Nearby investment properties with comparable rents
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 1538 Luzerne St, Reading, PA, 19601 generates $2,138/mo in rent and, after a $1,248/mo payment, leaves $467/mo in cash flow. Total monthly income is $2,138/mo, and annual cash flow is $5,605/yr on $84,533 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 10.06% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 138.91% and total cumulative return in cash sums $117,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,138/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jorge Morales • United Real Estate Strive 212
Mls Name: Bright MLS
Mls ID: #PABK2067232