221 Douglass StReadingPA19601
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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
Rental property for sale in Reading at 221 Douglass St, Reading, PA, 19601 priced at $245,000 pairs $1,590/mo rent with after a $1,199/mo payment. Total monthly income equals $1,590/mo. Return on cash invested is 19.68% in year one, and rental yield stands at 7.79% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 102.13% and total cumulative return in cash reaches $82,944. For financing, Ziffy Mortgage’s DSCR program evaluates $1,590/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jill Stoltzfoos • Kingsway Realty - Lancaster
Mls Name: Bright MLS
Mls ID: #PABK2067698