209 Carroll St, Reading, PA, 19611 | $179/mo Cash Flow

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209 Carroll St, Reading, PA, 19611 | $179/mo Cash Flow | Ziffy

For Sale

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 209 Carroll St, Reading, PA, 19611 offers a 8.63% rental yield on a $279,900 purchase with $2,013/mo rent. Total monthly income registers $2,013/mo, and a $1,370/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,146/yr on $92,787 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 115.71% and total cumulative return in cash at $107,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,013/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

6,970 sqft lot

$N/A/sqft

No HOA

More details about the property

SOLID brick Cape Cod in Millmont area of Reading on .21 acre lot! Very well maintained home with an exceptional yard and views for miles off the back patio. Two main floor bedrooms and full bath and two additional bedrooms on the second floor. Large eat in kitchen with gas cooking and loads of cabinetry. Updated gas HVAC and central air. Enjoy the outdoors from your side and rear covered patios. Plenty of room for a garden or open green space to toss a football; two lots for a combined 1/4 acre. Convenient location to schools, public transportation and shops.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19611, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,441 (100%)
Owner Occupied HU	2,107 (47.4%)
Renter Occupied HU	2,169 (48.8%)
Vacant Housing Units	165 ( 3.7%)
Median Home Value	$173,080
Average Home Value	$204,439