355 McKnight St,Reading,PA,19601

Investment Highlights

Rental property for sale in Reading at 355 McKnight St, Reading, PA, 19601 offers $1,481/mo rent that, after a $954/mo payment, leaves $204/mo cash flow. Total monthly income is $1,481/mo, and annual cash flow is $2,445/yr on $64,609 cash. Return on cash invested measures 23.69% in year one, and rental yield stands at 9.12% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 123.61% and total cumulative return in cash reaches $79,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,481/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.