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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% |
Rental property for sale in Reading at 1609 Fayette Ave, Reading, PA, 19607 generates $1,740/mo in rent and, after a $1,101/mo payment, leaves $266/mo in cash flow. Total monthly income is $1,740/mo, and annual cash flow is $3,190/yr on $74,588 invested. Return on cash invested sits at 24.19% in year one, and rental yield is 9.28% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 126.26% and total cumulative return in cash sums $94,173. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19607, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,205 (100%) |
| Owner Occupied HU | 6,911 (67.7%) |
| Renter Occupied HU | 2,855 (28.0%) |
| Vacant Housing Units | 439 ( 4.3%) |
| Median Home Value | $248,800 |
| Average Home Value | $311,380 |
Residential
9,824
Single Family
8,129
Multi-Family
1,695
Businesses
611
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: Alisha Mathias • Keller Williams Real Estate-Montgomeryville
Mls Name: Bright MLS
Mls ID: #PABK2064386
