325 Carroll StReadingPA19611
Nearby investment properties with comparable rents
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
Rental property for sale in Reading at 325 Carroll St, Reading, PA, 19611 offers $1,548/mo rent that, after a $832/mo payment, leaves $434/mo cash flow. Total monthly income is $1,548/mo, and annual cash flow is $5,211/yr on $56,322 cash. Return on cash invested measures 29.16% in year one, and rental yield stands at 10.93% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 152.98% and total cumulative return in cash reaches $86,162. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,548/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1930
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19611, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,441 (100%) |
| Owner Occupied HU | 2,107 (47.4%) |
| Renter Occupied HU | 2,169 (48.8%) |
| Vacant Housing Units | 165 ( 3.7%) |
| Median Home Value | $173,080 |
| Average Home Value | $204,439 |
Housing Distribution
Address Breakdown
Residential
4,291
Single Family
3,774
Multi-Family
517
Businesses
423
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Listed by: Alison Burke • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2067434