258 Jameson Pl, Reading, PA, 19601 | 7.8% Rental Yield

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258 Jameson Pl, Reading, PA, 19601 | 7.8% Rental Yield | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Reading at 258 Jameson Pl, Reading, PA, 19601 generates $1,950/mo in rent, after a $1,468/mo payment. Total monthly income is $1,950/mo. Return on cash invested sits at 19.72% in year one, and rental yield is 7.8% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 102.34% and total cumulative return in cash sums $101,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,950/mo property income rather than buyer’s personal income.

Multi Family

Built in 1930

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this huge property, very well-maintained DUPLEX in the City of Reading. The first-floor apartment has two bedrooms, living, diving room, kitchen and one bathroom. Tenants pay $1,150.00/month. Lease ends on 03/30/2026. Tenants pay for electric and heat. Second apartment is a big 4 private bedrooms on the second and third floor, plus a very big living room, kitchen and bathroom. Tenants pay $1,500/month, lease ends on 02/01/2026, and tenants pay for gas and electric. The enormous fully finished basement with side entry is at street level and was done by the previous owner. The basement is rented month to month and tenants pay $1,000.00/month. In the back, there is an area converted on a studio rented at $860/month. This lease ends on 02/10/2026. Owners pays all the services of this area. Finished area on the basement and the studio are approximately. The gross monthly rent on this property is...$4,510.00 and yearly is.....$54,120.00 Showings will be only on: Monday-Wednesday-Friday-Saturday from 4:30Pm-6:30 PM . NO SHOWINGS ON SUNDAYS. 24 hours in advance is required by tenants occupied.