17 Ladderback LnReadingPA19606
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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
Rental property for sale in Reading at 17 Ladderback Ln, Reading, PA, 19606 priced at $499,900 pairs $4,056/mo rent with $780/mo cash flow after a $2,447/mo payment. Total monthly income equals $4,056/mo, and annual cash flow comes to $9,360/yr on $165,717 invested. Return on cash invested is 25.56% in year one, and rental yield stands at 9.74% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 133.59% and total cumulative return in cash reaches $221,388. For financing, Ziffy Mortgage’s DSCR program evaluates $4,056/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,673 (100%) |
| Owner Occupied HU | 11,127 (75.8%) |
| Renter Occupied HU | 2,972 (20.3%) |
| Vacant Housing Units | 574 ( 3.9%) |
| Median Home Value | $290,366 |
| Average Home Value | $311,369 |
Housing Distribution
Address Breakdown
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
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Listed by: Mike Svanidze • Keller Williams Elite
Mls Name: Bright MLS
Mls ID: #PABK2059986