2254 Northmont BlvdReadingPA19605
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
Investment Highlights
Investment property for sale in Reading at 2254 Northmont Blvd, Reading, PA, 19605 listed at $249,900 pairs $2,041/mo rent with a $1,223/mo payment to leave $404/mo cash flow. Total monthly income runs $2,041/mo, and annual cash flow reaches $4,843/yr on $82,842 cash to close. Return on cash invested measures 25.76% in year one, and rental yield registers 9.8% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 134.67% and total cumulative return in cash totals $111,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,041/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,856 (100%) |
| Owner Occupied HU | 7,009 (79.1%) |
| Renter Occupied HU | 1,489 (16.8%) |
| Vacant Housing Units | 358 ( 4.0%) |
| Median Home Value | $270,423 |
| Average Home Value | $335,208 |
Housing Distribution
Address Breakdown
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Liles • Iron Valley Real Estate of Lehigh Valley
Mls Name: Bright MLS
Mls ID: #PABK2061428