2511 Girard AveReadingPA19609
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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 2511 Girard Ave, Reading, PA, 19609 earns $491/mo cash flow from $2,029/mo rent with a $1,149/mo payment. Total monthly income totals $2,029/mo, and annual cash flow totals $5,888/yr on $77,829 capital. ROI tracks 27.47% on current figures, and rental yield reads 10.37% at a $234,777 purchase. Equity gained on principal adds $1,515/yr, and 5% annual appreciation supports $64,865 over five years. Five-year ROI reaches 143.91% and total cumulative return in cash sums $112,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,029/mo property income instead of your personal income.
Single Family
Built in 1971
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19609, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 3,385 (74.8%) |
| Renter Occupied HU | 850 (18.8%) |
| Vacant Housing Units | 288 ( 6.4%) |
| Median Home Value | $228,138 |
| Average Home Value | $288,112 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,139
Multi-Family
140
Businesses
207
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Listed by: Jeroen Harmsen • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2059570