221 S 5th St, Reading, PA, 19602 | $259/mo Cash Flow

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221 S 5th St, Reading, PA, 19602 | $259/mo Cash Flow | Ziffy

Pending

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 221 S 5th St, Reading, PA, 19602 earns $259/mo cash flow from $2,224/mo rent with a $1,468/mo payment. Total monthly income totals $2,224/mo, and annual cash flow totals $3,104/yr on $99,417 capital. ROI tracks 23.03% on current figures, and rental yield reads 8.9% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 120.07% and total cumulative return in cash sums $119,368. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,224/mo property income instead of your personal income.

Townhouse

Built in 1900

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

***Calling all investors*** Dont miss your opportunity to own a unique property that is ready to produce instant income. This freshly renovated property was once set up for a commercial lower space and potential residential in the upper level. The current owner has framed out the a large open space in the lower level with garage access from the back. This lower level would be perfect for a potential barbershop or show room with a private bathroom and private entrances that is a perfect set up for any potential business. Upstairs youll be pleasantly surprised to find 4 spacious 1 beds each with their own full bathroom. Youll also find a full kitchen, one more additional potential bedroom, and extra storage space. Located in a vibrant historical part of the city this property will be a great additional to any portfolio. Contact us today with any questions.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19602, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,480 (100%)
Owner Occupied HU	2,277 (26.9%)
Renter Occupied HU	5,139 (60.6%)
Vacant Housing Units	1,064 (12.5%)
Median Home Value	$80,336
Average Home Value	$137,463