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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 3024 Oley Turnpike Rd, Reading, PA, 19606 uses $94,478 cash to close to unlock $9,400/yr annual cash flow and $783/mo monthly cash flow. Total monthly income runs $2,651/mo, and a $1,395/mo payment keeps the spread at $783/mo. Purchase price stands at $285,000, and rental yield measures 11.16% with $2,651/mo rent. Return on cash invested shows 29.86% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 156.7% and total cumulative return in cash records $148,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,651/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1890
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
| 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 |
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
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: Tanja Weller • Iron Valley Real Estate of Berks
Mls Name: Bright MLS
Mls ID: #PABK2064124
