1973 Woodvale AveReadingPA19606
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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 1973 Woodvale Ave, Reading, PA, 19606 listed at $199,900 pairs $2,333/mo rent with a $978/mo payment to leave $1,024/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $12,282/yr on $66,267 cash to close. Return on cash invested measures 38.44% in year one, and rental yield registers 14.01% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 202.74% and total cumulative return in cash totals $134,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
2,178 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: Marisol Torres • Ramus Realty Group
Mls Name: Bright MLS
Mls ID: #PABK2063008