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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Reading at 3413 Penn Ave, Reading, PA, 19608 uses $96,102 cash to close to unlock $2,523/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $1,419/mo payment keeps the spread at $210/mo. Purchase price stands at $289,900, and rental yield measures 8.73% with $2,110/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 117.42% and total cumulative return in cash records $112,845. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19608, Reading, PA area.
| 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 |
Residential
9,058
Single Family
8,963
Multi-Family
95
Businesses
475
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele McCartney • Keller Williams Platinum Realty - Wyomissing
Mls Name: Bright MLS
Mls ID: #PABK2064822
