16 Taylor Dr #1010, Reading, MA, 01867 | 7.21% Rental Yield

For Sale

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 16 Taylor Dr #1010, Reading, MA, 01867 earns from $4,320/mo rent with a $3,519/mo payment. Total monthly income totals $4,320/mo. ROI tracks 18.99% on current figures, and rental yield reads 7.21% at a $719,000 purchase. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 over five years. Five-year ROI reaches 98.02% and total cumulative return in cash sums $231,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,320/mo property income instead of your personal income.

Condo

Built in 2020

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 01867, Reading, MA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,228 (100%)
Owner Occupied HU	7,900 (77.2%)
Renter Occupied HU	1,853 (18.1%)
Vacant Housing Units	475 ( 4.6%)
Median Home Value	$826,500
Average Home Value	$871,673