245 S Reading RdEphrataPA17522
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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 Ephrata at 245 S Reading Rd, Ephrata, PA, 17522 at $215,000 posts ROI 27.98% with $479/mo cash flow from $1,888/mo rent. Total monthly income equals $1,888/mo, and annual cash flow records $5,754/yr on $71,273 to close. Return on cash invested measures 27.98% and rental yield reads 10.54% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 146.63% and total cumulative return in cash totals $104,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17522, Ephrata, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,539 (100%) |
| Owner Occupied HU | 9,086 (67.1%) |
| Renter Occupied HU | 4,032 (29.8%) |
| Vacant Housing Units | 421 ( 3.1%) |
| Median Home Value | $324,829 |
| Average Home Value | $393,887 |
Housing Distribution
Address Breakdown
Residential
13,293
Single Family
12,978
Multi-Family
315
Businesses
1,014
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Listed by: Mike Skillman • RE/MAX Pinnacle
Mls Name: Bright MLS
Mls ID: #PALA2080274