311 Reed StMohntonPA19540
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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 Mohnton at 311 Reed St, Mohnton, PA, 19540 uses $82,875 cash to close to unlock $6,101/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $2,147/mo, and a $1,224/mo payment keeps the spread at $508/mo. Purchase price stands at $250,000, and rental yield measures 10.31% with $2,147/mo rent. Return on cash invested shows 27.27% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 142.82% and total cumulative return in cash records $118,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,147/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19540, Mohnton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,673 (100%) |
| Owner Occupied HU | 3,785 (81.0%) |
| Renter Occupied HU | 700 (15.0%) |
| Vacant Housing Units | 188 ( 4.0%) |
| Median Home Value | $376,251 |
| Average Home Value | $407,809 |
Housing Distribution
Address Breakdown
Residential
4,683
Single Family
4,618
Multi-Family
65
Businesses
184
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Listed by: Loretta Leibert • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2062490