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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 3516 Pine Ave, Reading, PA, 19606 earns from $2,399/mo rent with a $1,806/mo payment. Total monthly income totals $2,399/mo. ROI tracks 19.18% on current figures, and rental yield reads 7.8% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 99.61% and total cumulative return in cash sums $121,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,399/mo property income instead of your personal income.
Single Family
Built in 1957
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19606, Reading, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,673 (100%) |
| Owner Occupied HU | 11,127 (75.8%) |
| Renter Occupied HU | 2,972 (20.3%) |
| Vacant Housing Units | 574 ( 3.9%) |
| Median Home Value | $290,366 |
| Average Home Value | $311,369 |
Residential
13,932
Single Family
13,150
Multi-Family
782
Businesses
612
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Sold | $369,000 |
| 2025-06-20 | Pending sale | $369,000 |
| 2025-05-31 | Price change | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-31 | $6165.69 | 3.48% | $116,300 | N/A |
| 2024-10-31 | $5958.61 | 2.37% | $116,300 | N/A |
| 2023-10-31 | $5820.44 | 1.38% | $116,300 | N/A |
Listed by: Iulia E. Gherasim • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #757635
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
