2326 Grandview AveReadingPA19606
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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 2326 Grandview Ave, Reading, PA, 19606 listed at $311,700 pairs $2,267/mo rent with a $1,526/mo payment to leave $34/mo cash flow. Total monthly income runs $2,267/mo, and annual cash flow reaches $414/yr on $103,329 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 8.73% at a $311,700 basis. Equity gained on principal adds $2,011/yr, and annual property appreciation at 5% supports $86,117 by year five. Five-year ROI tracks 106.26% and total cumulative return in cash totals $109,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,267/mo property income relative to a $1,526/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,673 (100%) |
| Owner Occupied HU | 11,127 (75.8%) |
| Renter Occupied HU | 2,972 (20.3%) |
| Vacant Housing Units | 574 ( 3.9%) |
| Median Home Value | $290,366 |
| Average Home Value | $311,369 |
Housing Distribution
Address Breakdown
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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