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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 3424 Fremont St, Reading, PA, 19605 uses $86,157 cash to close to unlock $8,364/yr annual cash flow and $697/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,272/mo payment keeps the spread at $697/mo. Purchase price stands at $259,900, and rental yield measures 11.08% with $2,400/mo rent. Return on cash invested shows 29.62% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 155.37% and total cumulative return in cash records $133,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19605, Reading, PA area.
| 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 |
Residential
8,259
Single Family
8,072
Multi-Family
187
Businesses
711
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: Deb Bensinger • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2064254
