224 Morgantown Rd, Reading, PA, 19611 | $243/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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224 Morgantown Rd, Reading, PA, 19611 | $243/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

Rental property for sale in Reading at 224 Morgantown Rd, Reading, PA, 19611 offers $1,520/mo rent that, after a $954/mo payment, leaves $243/mo cash flow. Total monthly income is $1,520/mo, and annual cash flow is $2,913/yr on $64,609 cash. Return on cash invested measures 24.42% in year one, and rental yield stands at 9.36% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 127.49% and total cumulative return in cash reaches $82,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,520/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 1989

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

This 3 bedroom townhome offers main floor laundry, off-street parking, partially finished basement, and so much more! Enter through the front door into the vast living room with coat closet and tile floor entry. Continue on to the dining room offering glass slider to wooden deck and asphalt driveway for two. Back inside is a convenient half bath, 21 handle kitchen with stainless appliances, gas cooking, and a spacious laundry room with storage shelving. Continue to the second floor to discover 3 generous bedrooms, one being the primary bed offering walk-in closet and private entrance to the full bath with shower/tub! As if this wasnt enough, the basement is partially finished, offers a large unfinished storage room, and houses the gas-fueled mechanicals for maximum efficiency! Call today to schedule your private showing.

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