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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reading at 28 Matthew Dr, Reading, PA, 19608 earns $556/mo cash flow from $2,849/mo rent with a $1,713/mo payment. Total monthly income totals $2,849/mo, and annual cash flow totals $6,667/yr on $116,025 capital. ROI tracks 25.66% on current figures, and rental yield reads 9.77% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 134.15% and total cumulative return in cash sums $155,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,849/mo property income instead of your personal income.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karen Malec • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2060242
