2258 Northmont BlvdReadingPA19605
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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
Investment property for sale in Reading at 2258 Northmont Blvd, Reading, PA, 19605 uses $64,643 cash to close to unlock $7,219/yr annual cash flow and $602/mo monthly cash flow. Total monthly income runs $1,879/mo, and a $954/mo payment keeps the spread at $602/mo. Purchase price stands at $195,000, and rental yield measures 11.56% with $1,879/mo rent. Return on cash invested shows 31.08% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 163.23% and total cumulative return in cash records $105,514. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,879/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1920
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
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Listed by: Paul Coache • Realty One Group Supreme
Mls Name: Bright MLS
Mls ID: #PABK2066828