2051 Reading AveReadingPA19609
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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 2051 Reading Ave, Reading, PA, 19609 uses $89,339 cash to close to unlock $7,249/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,319/mo payment keeps the spread at $604/mo. Purchase price stands at $269,500, and rental yield measures 10.55% with $2,370/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 146.89% and total cumulative return in cash records $131,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,319/mo payment rather than investor’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Chris Troxell • Keller Williams Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #753976
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.