1703 Orchard View RdReadingPA19606
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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
Investment property for sale in Reading at 1703 Orchard View Rd, Reading, PA, 19606 earns $624/mo cash flow from $2,256/mo rent with a $1,219/mo payment. Total monthly income totals $2,256/mo, and annual cash flow totals $7,489/yr on $82,544 capital. ROI tracks 28.98% on current figures, and rental yield reads 10.87% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash sums $125,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,256/mo property income instead of your personal income.
Townhouse
Built in 2006
435 sqft 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: Mr. Nehemiah J Lindo • Realty One Group Alliance
Mls Name: Bright MLS
Mls ID: #PABK2063640