20 Pennwyn TerReadingPA19606
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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 20 Pennwyn Ter, Reading, PA, 19606 with 5% annual appreciation on a $199,000 basis while $1,575/mo rent supports operations. Total monthly income totals $1,575/mo and a $974/mo payment preserves $271/mo for cash returns. Annual cash flow comes to $3,252/yr on $65,969 deployed, and return on cash invested reaches 24.84% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.5%. Five-year ROI measures 129.73% and total cumulative return in cash totals $85,578.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,575/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1911
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: Lizeth Alanis • Iron Valley Real Estate of Berks
Mls Name: Bright MLS
Mls ID: #PABK2063298