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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 316 S 10th St, Reading, PA, 19602 uses $72,930 cash to close to unlock $6,962/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,022/mo, and a $1,077/mo payment keeps the spread at $580/mo. Purchase price stands at $220,000, and rental yield measures 11.03% with $2,022/mo rent. Return on cash invested shows 29.46% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 154.57% and total cumulative return in cash records $112,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,022/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Townhouse
Built in 1900
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19602, Reading, PA area.
| 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 |
Residential
6,982
Single Family
4,996
Multi-Family
1,986
Businesses
384
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: Edward Stauffer • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2063580
