35 Pacific AveReadingPA19608
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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 35 Pacific Ave, Reading, PA, 19608 offers a 8.14% rental yield on a $582,999 purchase with $3,954/mo rent. Total monthly income registers $3,954/mo, and a $2,853/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,610/yr on $191,807 to close, and return on cash invested stands at 20.9% in year one. Equity gained on principal adds $3,762/yr while 5% annual appreciation supports $161,072 over five years. Portfolio math shows five-year ROI at 108.62% and total cumulative return in cash at $208,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,954/mo property income against a $2,853/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.28 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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Listed by: John Chernesky • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2064886