217 N 10th StReadingPA19601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 217 N 10th St, Reading, PA, 19601 in Reading: $1,490/mo in rent, $638/mo net, 13.76% gross yield, all on a $129,950 acquisition. The 2.55 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $35,903 in value, and $1,197/yr in principal paydown steadily builds equity. Projected total cumulative return: $90,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.2% |
| Monthly Cash Flow | $638 | $450 |
City averages based on Reading market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,490 |
| Total Monthly Debt Service | $800 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelo Giannotti • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2064738