368 Spruce StPottstownPA19464
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 368 Spruce St, Pottstown, PA, 19464 in Pottstown speaks for itself: 11.78% gross on a $239,900 price, generating $2,356/mo in rent and $784/mo in net income after the $1,079/mo debt service. DSCR 2.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,403 stacks alongside $66,280 in projected five-year appreciation and $2,210/yr in principal reduction. Projected total cumulative return: $141,825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.8% |
| Monthly Cash Flow | $784 | $320 |
City averages based on Pottstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,477 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
2,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19464, Pottstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,264 (100%) |
| Owner Occupied HU | 13,243 (62.3%) |
| Renter Occupied HU | 6,671 (31.4%) |
| Vacant Housing Units | 1,350 ( 6.3%) |
| Median Home Value | $315,178 |
| Average Home Value | $369,942 |
Housing Distribution
Address Breakdown
Residential
20,087
Single Family
18,515
Multi-Family
1,572
Businesses
1,604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1910
2,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19464, Pottstown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,264 (100%) |
| Owner Occupied HU | 13,243 (62.3%) |
| Renter Occupied HU | 6,671 (31.4%) |
| Vacant Housing Units | 1,350 ( 6.3%) |
| Median Home Value | $315,178 |
| Average Home Value | $369,942 |
Housing Distribution
Address Breakdown
Residential
20,087
Single Family
18,515
Multi-Family
1,572
Businesses
1,604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Brickner • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PAMC2152958