3341 Raymond StReadingPA19605
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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 Reading at 3341 Raymond St, Reading, PA, 19605 earns $103/mo cash flow from $1,609/mo rent with a $1,125/mo payment. Total monthly income totals $1,609/mo, and annual cash flow totals $1,233/yr on $76,212 capital. ROI tracks 21.53% on current figures, and rental yield reads 8.4% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 112% and total cumulative return in cash sums $85,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,609/mo property income instead of your personal income.
Single Family
Built in 1982
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,856 (100%) |
| Owner Occupied HU | 7,009 (79.1%) |
| Renter Occupied HU | 1,489 (16.8%) |
| Vacant Housing Units | 358 ( 4.0%) |
| Median Home Value | $270,423 |
| Average Home Value | $335,208 |
Housing Distribution
Address Breakdown
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
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Listed by: Kevin Snyder • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2061076