1711 Alsace RdReadingPA19604
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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 1711 Alsace Rd, Reading, PA, 19604 uses $124,313 cash to close to unlock $4,345/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $2,819/mo, and a $1,835/mo payment keeps the spread at $362/mo. Purchase price stands at $375,000, and rental yield measures 9.02% with $2,819/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 122.09% and total cumulative return in cash records $151,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,819/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19604, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,028 (100%) |
| Owner Occupied HU | 4,658 (46.4%) |
| Renter Occupied HU | 4,695 (46.8%) |
| Vacant Housing Units | 675 ( 6.7%) |
| Median Home Value | $117,611 |
| Average Home Value | $181,341 |
Housing Distribution
Address Breakdown
Residential
8,821
Single Family
8,006
Multi-Family
815
Businesses
378
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Listed by: Loretta Leibert • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2066344