2035 Franklin Pl, Reading, PA, 19610 | $54/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2035 Franklin Pl, Reading, PA, 19610 | $54/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Reading at 2035 Franklin Pl, Reading, PA, 19610 offers a 8.05% rental yield on a $349,900 purchase with $2,347/mo rent. Total monthly income registers $2,347/mo, and a $1,713/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $645/yr on $115,992 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 106.3% and total cumulative return in cash at $123,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,347/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1971

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Super Nice 2 unit in Wilson Schools. These don't come available that often. Both the first floor and second floor units have 2 bedrooms and 2 full baths and include a full kitchen living room and laundry room. Both units are in very nice condition and fully rented. The first floor is $1595 per month and the second floor is $1625 er month. The owner pays Taxes, $4500, Water $1113, Sewer $698, Lawn $480. NO HOA FEES.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19610, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,670 (65.0%)
Renter Occupied HU	2,125 (29.6%)
Vacant Housing Units	395 ( 5.5%)
Median Home Value	$408,640
Average Home Value	$444,322