3411 Penn AveSinking SpringPA19608
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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 Sinking Spring at 3411 Penn Ave, Sinking Spring, PA, 19608 generates $1,871/mo in rent and, after a $928/mo payment, leaves $629/mo in cash flow. Total monthly income is $1,871/mo, and annual cash flow is $7,545/yr on $62,819 invested. Return on cash invested sits at 31.92% in year one, and rental yield is 11.85% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 167.72% and total cumulative return in cash sums $105,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,871/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
3,920 sqft 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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Listed by: Michele McCartney • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2066860