312 Carpenter St, Reading, PA, 19602 | $321/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

312 Carpenter St, Reading, PA, 19602 | $321/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1680 sft

134 Westbrook Dr, Ephrata, PA, 17522

2 Bed
2 Bath
928 sft

1395 Bowmansville Rd LOT 26, Mohnton, PA, 19540

2 Bed
1 Bath
704 sft

1065 Broadway Blvd, Reading, PA, 19607

3 Bed
1 Bath
1264 sft

1234 Brooke Blvd, Reading, PA, 19607

Nearby investment properties with comparable prices

3 Bed
2 Bath
1408 sft

45 Emily Ln, New Holland, PA, 17557

2 Bed
1 Bath
1073 sft

709 Hill Rd SUITE 7, Wernersville, PA, 19565

4 Bed
1 Bath
1617 sft

60 Spruce St, Ephrata, PA, 17522

2 Bed
1 Bath
1344 sft

1970 Cedar Top Rd, Reading, PA, 19607

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Reading at 312 Carpenter St, Reading, PA, 19602 generates $1,494/mo in rent and, after a $876/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,494/mo, and annual cash flow is $3,856/yr on $59,305 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 10.02% on a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation builds toward $49,427 over five years. Five-year ROI reaches 138.21% and total cumulative return in cash sums $81,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,494/mo property income rather than buyer’s personal income.

Townhouse

Built in 1900

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 312 Carpenter St, recently remodeled and freshly painted. Luxury vinyl and laminated flooring was installed throughout the property. On first floor you will enjoy a very nice living room, a family room, half bath and the kitchen. On second floor you will find three bedrooms (one is walkthrough) and the full bathroom. On third floor, you will discover the fourth bedroom. Most of the roof was installed last year. In the back, a very nice yard to enjoy with friends and family. The heater and water heater are both with natural gas. And lastly, very low property taxes. Schedule your showing as soon as possible. Bienvenido a 312 Carpenter St, Reading PA 19602. Esta propiedad ha sido recientemente remodelada y pintada completamente. Se le instal piso de vinil y piso laminado. En el primer nivel usted disfrutara de una amplia sala, comedor o family room, medio bao y una amplia cocina. En el segundo nivel tenemos tres(3) habitaciones, una no es privada, y un amplio bao. En el tercer nivel usted encontrara la cuarta y amplia habitacion. Por supuesto, en la parte de atras un amplio patio para disfrutar con amigos y familiares. La calefaccion y el agua caliente es de gas natural para mas economia. Y lo mejor de ultimo: muy pocos taxes, lo que hace que su mortgage sea mucho mejor. Agende su showing lo mas pronto posible.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19602, Reading, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,480 (100%)
Owner Occupied HU	2,277 (26.9%)
Renter Occupied HU	5,139 (60.6%)
Vacant Housing Units	1,064 (12.5%)
Median Home Value	$80,336
Average Home Value	$137,463