34 Chasen CtReadingPA19608
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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 34 Chasen Ct, Reading, PA, 19608 at $1,275,000 posts ROI 6.93% with from $3,727/mo rent. Total monthly income equals $3,727/mo. Return on cash invested measures 6.93% and rental yield reads 3.51% at the current $1,275,000. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 by year five. Five-year ROI prints 33.62% and total cumulative return in cash totals $138,878. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,727/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,774 (100%) |
| Owner Occupied HU | 7,474 (76.5%) |
| Renter Occupied HU | 2,050 (21.0%) |
| Vacant Housing Units | 250 ( 2.6%) |
| Median Home Value | $364,596 |
| Average Home Value | $415,396 |
Housing Distribution
Address Breakdown
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
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Nearby investment properties with comparable prices
Listed by: Stefanie Rico • BHHS Homesale Realty- Reading Berks
Mls Name: Bright MLS
Mls ID: #PABK2061272