3353 Sheidy AveReadingPA19605
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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
Rental property for sale in Reading at 3353 Sheidy Ave, Reading, PA, 19605 generates $2,448/mo in rent and, after a $1,463/mo payment, leaves $489/mo in cash flow. Total monthly income is $2,448/mo, and annual cash flow is $5,870/yr on $99,119 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.82% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 135.11% and total cumulative return in cash sums $133,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,405 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: Laura Feick • Associated Realty & Appraisals, Inc.
Mls Name: Bright MLS
Mls ID: #PABK2064088